Ashoka Buildcon Ltd's SPV receives sanction letter from NHAI for West Bengal Project

One of Ashoka Buildcon Ltd's Project SPVs viz. Ashoka Dhankuni Kharagpur Tollway Limited (SPV) has received a sanction letter under Premium Deferment Scheme of National Highways Authority of India (NHAI). The SPV currently operates the Project viz. Designing, Building, Financing, Operation and Maintenance of Six Laning of Dhankuni to Kharagpur Section of NH 6 From Km. 17.600 to Km 129.000 in the State of West Bengal under NHDP Phase V on Design, Build, Finance, Operate and Transfer (DBFOT) Toll Basis.

Shares of ASHOKA BUILDCON LTD. was last trading in BSE at Rs.172.45 as compared to the previous close of Rs. 178.4. The total number of shares traded during the day was 15260 in over 385 trades.

The stock hit an intraday high of Rs. 182 and intraday low of 170. The net turnover during the day was Rs. 2708997.

Source : Equity Bulls

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