Ashoka Buildcon Limited ('the Company') has received Letter of Intent (LoI) from Jharkhand Bijli Vitran Nigam Limited ('JBVNL') for the Project viz. 'Rural Electrification Works of Package-4 (Comprising Ranchi, Khunti, Gumla, Simdega & Lohardaga District) in Jharkhand State under Jharkhand Sampurna Bijli Achchhadan Yojana (JSBAY) Phase-II'.
The accepted Bid Value for the Project is Rs.169.22 Crore.
Shares of ASHOKA BUILDCON LTD. was last trading in BSE at Rs.136.8 as compared to the previous close of Rs. 138.55. The total number of shares traded during the day was 25390 in over 507 trades.
The stock hit an intraday high of Rs. 140.15 and intraday low of 135.65. The net turnover during the day was Rs. 3517267.