Ashoka Buildcon emerges L1 bidder for Rs. 829.49 crore NHAI project

Ashoka Buildcon Limited ("the Company") had submitted Bid to the National Highways Authority of India ("NHAI") in respect of the Project viz. 'Request for Proposal for Construction of 6 laning from Belgaum to Sankeshwar Bypass from Km. 515+000 to Km. 555+017 of NH-48 in the state of Karnataka on Engineering, Procurement & Construction (EPC) Mode under Bharatmala Pariyojana (Package-I)'. (Project)

The Company has emerged as the Lowest Bidder (L-1) and the quoted Bid Price of the Project is Rs.829.49 Crore.

Shares of Ashoka Buildcon Limited was last trading in BSE at Rs. 104.45 as compared to the previous close of Rs. 102.00. The total number of shares traded during the day was 182370 in over 2785 trades.

The stock hit an intraday high of Rs. 106.75 and intraday low of 101.35. The net turnover during the day was Rs. 19017645.00.

Source : Equity Bulls

Keywords

AshokaBuildcon INE442H01029 L1Bidder NHAIProject EPC Karnataka BharatmalaPariyojana