Ashoka Concessions Limited ('ACL'), subsidiary of Ashoka Buildcon Limited ('the Company') has received a Letter of Award (LOA) from National Highways Authority of India ('NHAI') for the Project viz. Four laning of NH-161 from Kandi (Design Km 0.000) (Km 498.250 of NH-65) to Ramsanpalle (Design Km 39.980/Existing Km 44.757) (Design Length = 39.980 Km) in the State of Telangana under Bharatmala Pariyojna on Hybrid Annuity Mode.
The accepted Bid Project Cost is Rs.1,000 Crore.
Shares of ASHOKA BUILDCON LTD. was last trading in BSE at Rs.93.25 as compared to the previous close of Rs. 93.95. The total number of shares traded during the day was 29609 in over 1107 trades.
The stock hit an intraday high of Rs. 94.35 and intraday low of 92.5. The net turnover during the day was Rs. 2765362.