Ashoka Buildcon rises on emerging as Lowest Bidder for project worth Rs 918.00 crore
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Ashoka Buildcon is currently trading at Rs. 247.00, up by 2.75 points or 1.13% from its previous closing of Rs. 244.25 on the BSE.
The scrip opened at Rs. 244.15 and has touched a high and low of Rs. 253.50 and Rs. 244.15 respectively. So far 117785 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 284.75 on 06-Sep-2024 and a 52 week low of Rs. 120.90 on 26-Oct-2023.
Last one week high and low of the scrip stood at Rs. 253.50 and Rs. 228.05 respectively. The current market cap of the company is Rs. 7030.71 crore.
The promoters holding in the company stood at 54.48%, while Institutions and Non-Institutions held 26.96% and 18.56% respectively.
Ashoka Buildcon has been declared as the Lowest Bidder (L-1) for project worth Rs 918.00 crore excluding GST by Brihanmumbai Municipal Corporation (BMC). The company has been declared as L1 for Construction of Flyover Arm-1 Arm-2 at T Junction on Sion Panvel Highway Maharashtra Nagar in M/E Ward.
Ashoka Buildcon builds and operates roads and bridges in India on a build, operate and transfer (BOT) basis.
