Ashoka Buildcon Ltd receives letter from BMC for order

Ashoka Buildcon Limited ("the Company") informs that the Company has received a Letter from Brihanmumbai Municipal Corporation (BMC) awarding additional scope of work in respect of the existing Project viz. 'Construction of Flyover Arm-1 Arm-2 at T Junction on Sion Panvel Highway Maharashtra Nagar in M/E Ward'. ("Project")

The Cost of additional scope of work awarded to the Company for the above Project is Rs.447.21 Crore, including taxes.

The time period to complete the existing work and additional scope of work is revised to January 13, 2028.

Shares of Ashoka Buildcon Limited was last trading in BSE at Rs. 161.45 as compared to the previous close of Rs. 163.90. The total number of shares traded during the day was 30550 in over 814 trades.

The stock hit an intraday high of Rs. 164.00 and intraday low of 160.20. The net turnover during the day was Rs. 4946926.00.

Source : Equity Bulls

Keywords

AshokaBuildcon INE442H01029 OrderWin BMC