Ashoka Buildcon Ltd receives LoA from Government of Guyana

Ashoka Buildcon Limited ("the Company") has received Letter of Acceptance from Government of Guyana, Public Works Department ("the Authority"), dated June 18, 2025, for the Project viz. 'East Bank-East Coast Road Linkage Project Phase 2 (Eccles to Providence)'. ("Project"). The Cost of the Project is US$ 67,250,000 (Sixty-Seven Million, Two Hundred Fifty Thousand United States Dollars).

The Company also executed the Contract Agreement with the Authority on June 18, 2025.

Shares of Ashoka Buildcon Limited was last trading in BSE at Rs. 204.45 as compared to the previous close of Rs. 205.55. The total number of shares traded during the day was 84579 in over 1261 trades.

The stock hit an intraday high of Rs. 208.50 and intraday low of 202.55. The net turnover during the day was Rs. 17333159.00.

Source : Equity Bulls

Keywords

AshokaBuildcon INE442H01029 LoA OrderWin GovernmentofGuyana