Ashoka Buildcon Limited (the Company) has announced that Ashoka Belgaum Khanapur Road Private Limited, has received March 07, 2019 as an Appointed Date for the NHAI Project vide NHAI letter dated June 10, 2019.
The accepted Bid Project Cost is Rs.856.20 Crore. The construction period of the Project is 910 days from an Appointed Date and operation period is 15 years from COD.
Ashoka Belgaum Khanapur Road Private Limited is a wholly owned subsidiary of Ashoka Concessions Limited (ACL), a Subsidiary of the Company. ACL was the preferred bidder for the Project viz. 4 Laning of Belgaum - Khanapur Section Km 0+000 - Km 30+800 (design chainage km 0+000 - Km 30+000) of NH-4A in the State of Karnataka on Hybrid Annuity Mode.
Shares of ASHOKA BUILDCON LTD. was last trading in BSE at Rs.139 as compared to the previous close of Rs. 143. The total number of shares traded during the day was 9565 in over 298 trades.
The stock hit an intraday high of Rs. 146 and intraday low of 139. The net turnover during the day was Rs. 1361710.