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Ashoka Buildcon surges as its consortium gets selected for Rs 317.60 crore project

Ashoka Buildcon Ltd. | Engineering - Construction | Construction & Infrastructure | BSE: 533271 | NSE: ASHOKA

03 Feb 2014 Evaluate

Ashoka Buildcon is currently trading at Rs. 59.05, up by 2.05 points or 3.60% from its previous closing of Rs. 57.00 on the BSE.

The scrip opened at Rs. 59.80 and has touched a high and low of Rs. 61.70 and Rs. 59.00 respectively. So far 3398 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 83.32 on 13-May-2013 and a 52 week low of Rs. 41.30 on 06-Aug-2013.

Last one week high and low of the scrip stood at Rs. 61.90 and Rs. 56.20 respectively. The current market cap of the company is Rs. 932 crore.

The promoters holding in the company stood at 67.59% while Institutions and Non-Institutions held 17.86% and 14.56% respectively

Ashoka Buildcon and GVR Infra Projects 's (51:49) consortium has been declared as the successful bidder on February 01, 2014 for the project by the Chief Project Officer, Karnataka State Highways Improvement Project (KSHIP) engaged by Government of Karnataka (Public works Department).

Scope of the project is to Design, Build, Finance, Operate, Maintain and Transfer (DBFOMT) the existing State Highway (SH18) from Mudhol to Maharashtra Border (approximate length 107.937 Kms) in the State of Karnataka on DBFOMT Annuity Basis. The project is on Annuity Basis with a Concession Period of 10 years and KSHIP cost of the Project is Rs. 317.60 crore.

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

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..

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Ashoka Buildcon surges as its consortium gets selected for Rs 317.60 crore project

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