Ashoka Buildcon bags order worth Rs 155.8 crore

Ashoka Buildcon bags order worth Rs 155.8 crore

Ashoka Buildcon Ltd has announced that the Company, along with Bhartia Infra Projects Limited, ["Consortium", (wherein the Company's share is 49%)] had bid for the Project viz. 2 laning with paved shoulder of NH - 52 KM 583.450 to KM 605.600 (existing chainage from KM 583.450 to KM 595.00) from Pasighat to Bomjur road including realignment from KM 591.900 to 602.600 (design length = 22.15 KM) in Arunachal Pradesh Package of SARDP-NE on EPC Mode ("Project") issued by National Highways & Infrastructure Development Corporation Limited ("NHIDCL").
The Consortium has received Letter of Acceptance from NHIDCL.
The accepted bid value of the Project is Rs. 155.81 Crore.



The scrip opened at Rs. 187.35 and has touched a high and low of Rs. 187.35 and Rs. 183.65 respectively. So far 37964(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 3466.93 crore.



The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 211.9 on 23-Dec-2015 and a 52 week low of Rs. 147.1 on 27-Apr-2015. Last one week high and low of the scrip stood at Rs. 190.25 and Rs. 171.85 respectively.
The promoters holding in the company stood at 57.21 % while Institutions and Non-Institutions held 30.5 % and 12.29 % respectively.



The stock is currently trading above its 50 DMA.

here is company details.

 

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