Ashoka Buildcon Limited ('the Company') had submitted its bid to National Highways Authority of India ('NHAI') for the Project viz. Four Laning of Tumkur-Shivamogga section from Km 119+790 (Design Km 121+900) to Km 166+100 (Design Km170+415), Banwara to Bettadahalli section of NH-206 in the State of Karnataka, on Hybrid Annuity Mode under Bharatmala Priyojana (Package - III).
The Company emerged as 'the Lowest Bidder' at the Financial Bid opening meeting held on February 13, 2020.
The quoted Bid Project Cost for the Project is Rs.1,035.50 Crore.
Shares of ASHOKA BUILDCON LTD. was last trading in BSE at Rs.106.3 as compared to the previous close of Rs. 104.4. The total number of shares traded during the day was 41749 in over 1960 trades.
The stock hit an intraday high of Rs. 110.9 and intraday low of 104.05. The net turnover during the day was Rs. 4487569.