Ashoka Buildcon Limited's (the Company) Joint Venture viz. ABL-STS JV, wherein the Company is Lead Member, has received a Letter of Award from Rail Vikas Nigam Limited ('RVNL'), for the Project viz. 'Construction of Roadbed, minor bridges, supply of ballast, Installation of track (excluding supply of rails, PSC sleepers & Thick web switches), Electrical (Railway Electrification and General Electrification), Signaling and Telecommunication works for Doubling of track between Kakrala Halt (Excluding) and Hadiaya (Including) from Km. 57.50 to Km.115.64 in Ambala Division of Northern Railway, Punjab, India'.
The accepted Bid Value of the Project is Rs. 443.23 Crore with a completion period of 36 months from the date of commencement of the work.
Shares of ASHOKA BUILDCON LTD. was last trading in BSE at Rs.131.3 as compared to the previous close of Rs. 130.2. The total number of shares traded during the day was 7794 in over 213 trades.
The stock hit an intraday high of Rs. 133.1 and intraday low of 130.55. The net turnover during the day was Rs. 1026914.