SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Ashoka Buildcon’s JV bags project worth Rs 1,815.79 crore

11 Dec 2025 Evaluate

Ashoka Buildcon’s joint venture (JV) with Adani Road Transport and Aakshaya Infra Projects -- M/s Adani-Ashoka-Aakshaya has secured Letter of Acceptance (LoA) from Brihanmumbai Municipal Corporation (BMC) for Mithi River Development and Pollution Control Project (Package III), valued at Rs 1,815.79 crore (excluding GST). The company holds 26% stake in the JV, while Adani Road Transport and Aakshaya Infra Projects hold 51% and 23% stake, respectively. Adani Road Transport is the lead member in the JV.

The project covers Dry Weather Flow Interception at Tidal Outfalls (including Gate Pumps), Transfer Sewer, Training of River, Service Road, Retaining Wall and Allied Works and Operation & Maintenance for 10 years from CST Bridge Kurla to Mahim Causeway including Vakola River on design, build and operate model. The time period to complete the design and build work is 48 months excluding monsoon period. 

Ashoka Buildcon builds and operates roads and bridges in India on a build, operate and transfer (BOT) basis.

Ashoka Buildcon Share Price

138.95 1.15 (0.83%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Larsen & Toubro 4094.95
Rail Vikas Nigam 303.10
NCC 161.30
KEC International 580.10
Kalpataru Projects 1232.90
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×