Ashoka Buildcon soars on bagging LoA for project worth Rs 290.23 crore
Ashoka Buildcon is currently trading at Rs. 104.65, up by 2.60 points or 2.55% from its previous closing of Rs. 102.05 on the BSE.
The scrip opened at Rs. 103.95 and has touched a high and low of Rs. 109.80 and Rs. 103.95 respectively. So far 104714 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 214.35 on 04-Nov-2025 and a 52 week low of Rs. 100.35 on 09-Oct-2026.
Last one week high and low of the scrip stood at Rs. 109.80 and Rs. 100.35 respectively. The current market cap of the company is Rs. 2950.40 crore.
The promoters holding in the company stood at 54.48%, while Institutions and Non-Institutions held 18.43% and 27.10% respectively.
Ashoka Buildcon has received Letter of Acceptance (LoA) worth Rs 290.23 crore (incl. GST) from North Easter Railway for project of Design, Supply, Erection, Testing & Commissioning of Traction Sub Stations with associated Switching Posts for 2x25 KV AT traction feeding system in Gorakhpur Cantt-Chhapra Gramin section of Varanasi Division of North Eastern Railway for capacity up-gradation work of electric traction power supply installations on Engineering, Procurement & Construction (EPC) Mode (Project). The project completion period is of 24 months from date of commencement.
