Ashoka Buildcon Ltd receives LoA from MSEDCL for several circles in Maharashtra

Ashoka Buildcon Limited ("the Company") has received Letters of Award (LoA) from Maharashtra State Electricity Distribution Company Limited (MSEDCL) for 'Development of Distribution Infrastructure at the following Circles in the state of Maharashtra' ("Project").

Latur Circle - Latur Zone - Rs. 412.05 crore.
Washim Circle - Akola Zone - Rs. 265.84 crore
Nanded Circle - Nanded Zone - Rs. 409.92 crore.
Gadchiroli O&M Circle - Chandrapur Zone - Rs. 395.80 crore
Parbhani Circle - Nanded Zone - Rs. 265.11 crore.
Malegaon Circle - Nashik Zone - Rs. 210.91 crore.
Nashik Urban Circle - Nashik Zone - Rs. 325.39 crore.

The accepted Contract Value in aggregate for all above Projects is Rs.2,285.02 Crore.

Shares of Ashoka Buildcon Limited was last trading in BSE at Rs. 76.26 as compared to the previous close of Rs. 75.87. The total number of shares traded during the day was 15662 in over 283 trades.

The stock hit an intraday high of Rs. 77.00 and intraday low of 74.40. The net turnover during the day was Rs. 1193769.00.

Source : Equity Bulls

Keywords

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