MoneyWorks4Me

Ashoka Buildcon jumps on reporting consolidated net profit of Rs 80 crore in Q1

12 Aug 2021 Evaluate

Ashoka Buildcon is currently trading at Rs. 100.20, up by 2.75 points or 2.82% from its previous closing of Rs. 97.45 on the BSE.

The scrip opened at Rs. 99.70 and has touched a high and low of Rs. 101.00 and Rs. 98.35 respectively. So far 45088 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 118.65 on 17-Feb-2021 and a 52 week low of Rs. 59.00 on 21-Aug-2020.

Last one week high and low of the scrip stood at Rs. 104.80 and Rs. 94.60 respectively. The current market cap of the company is Rs. 2821.27 crore.

The promoters holding in the company stood at 54.48%, while Institutions and Non-Institutions held 27.79% and 17.73% respectively.

Ashoka Buildcon has reported results for first quarter ended June 30, 2021.

The company has reported 46.72% rise in its net profit at Rs 101.33 crore for the quarter under review as compared to Rs 69.06 crore for the same quarter in the previous year. Total income of the company increased by 70.55% at Rs 1058.61 crore for Q1FY22 as compared Rs 620.71 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported net profit attributable to owners of the Group at Rs 80.22 crore for the quarter under review as compared to net loss of Rs 27.94 crore for the same quarter in the previous year. Total income of the company increased by 65.32% at Rs 1310.15 crore for Q1FY22 as compared Rs 792.50 crore for the corresponding quarter previous year.

Peers
Company Name CMP
Larsen & Toubro 3879.00
Kalpataru Projects 1391.05
NCC 132.85
Rail Vikas Nigam 206.80
KEC International 396.95
View more..