Ashoka Buildcon rises on securing order from SRIT India

09 Oct 2019 Evaluate

Ashoka Buildcon is currently trading at Rs. 98.85, up by 1.55 points or 1.59% from its previous closing of Rs. 97.30 on the BSE.

The scrip opened at Rs. 98.15 and has touched a high and low of Rs. 99.25 and Rs. 97.00 respectively. So far 3819 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 155.00 on 30-May-2019 and a 52 week low of Rs. 89.85 on 05-Sep-2019.

Last one week high and low of the scrip stood at Rs. 106.00 and Rs. 96.30 respectively. The current market cap of the company is Rs. 2748.28 crore.

The promoters holding in the company stood at 54.26%, while Institutions and Non-Institutions held 35.36% and 10.38% respectively.

Ashoka Buildcon has received an order from SRIT India, for Kerala State Information Technology Infrastructure, Smart Infrastructure Project viz. conducting survey, supply of poles & installation, laying of the overhead and underground optic fiber cable, on existing electricity poles, supply, installation, testing and commissioning of Non-IT items. The value of the project is Rs 313.72 crore. The duration of project is 24 months from the date of commencement of the work.

Ashoka Buildcon builds and operates roads and bridges in India on a build, operate and transfer (BOT) basis. It currently operates one of the highest numbers of toll-based BOT projects in India.

Ashoka Buildcon Share Price

158.65 -0.85 (-0.53%)
28-Mar-2024 16:01 View Price Chart
Peers
Company Name CMP
Larsen & Toubro 3774.10
Rail Vikas Nigam 252.95
KEC International 694.00
Kalpataru Projects 1075.45
NCC 232.40
View more..
© 2024 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt.Ltd.