Ashoka Buildcon trades higher on inking contract agreement with govt of co-operative Republic of Guyana
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Ashoka Buildcon is currently trading at Rs. 73.25, up by 1.30 points or 1.81% from its previous closing of Rs. 71.95 on the BSE.
The scrip opened at Rs. 74.50 and has touched a high and low of Rs. 74.90 and Rs. 73.20 respectively. So far 22466 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 125.00 on 26-Oct-2021 and a 52 week low of Rs. 69.00 on 25-May-2022.
Last one week high and low of the scrip stood at Rs. 76.00 and Rs. 70.75 respectively. The current market cap of the company is Rs. 2063.32 crore.
The promoters holding in the company stood at 54.48%, while Institutions and Non-Institutions held 23.60% and 21.92% respectively.
Ashoka Buildcon has executed a Contract Agreement with Government of the co-operative Republic of Guyana on June 24, 2022, for the Project viz. 'Request for Proposal for Procurement of Phase 1: East Bank-East Coast Road Linkage Project (Ogle to Haags Bosch, Eccles)'. The accepted Bid Project Cost for the Project is $ 106,383,954.52. The Construction period is 730 days from the commencement date.
Ashoka Buildcon builds and operates roads and bridges in India on a build, operate and transfer (BOT) basis.
