Ashoka Buildcon zooms on bagging LoA from NHAI for project in Gujarat
Ashoka Buildcon is currently trading at Rs. 116.69, up by 13.69 points or 13.29% from its previous closing of Rs. 103.00 on the BSE.
The scrip opened at Rs. 108.62 and has touched a high and low of Rs. 117.36 and Rs. 108.37 respectively. So far 59379 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 204.15 on 10-Nov-2025 and a 52 week low of Rs. 95.40 on 29-Oct-2026.
Last one week high and low of the scrip stood at Rs. 117.36 and Rs. 99.65 respectively. The current market cap of the company is Rs. 2891.45 crore.
The promoters holding in the company stood at 54.48%, while Institutions and Non-Institutions held 16.93% and 28.59% respectively.
Ashoka Buildcon has received a letter of acceptance (LoA) for a project from National Highways Authority of India (NHAI). The accepted EPC Price of the project is Rs 865.90 crore (excluding GST). The LoA is for balance work for construction of 8-lane access-controlled expressway from Km 128.0 to Km 154.6 of Vadodara - Mumbai Expressway (Karvad to Jujuwa section) in Gujarat on EPC mode (Pkg-IX). The project is to be executed within 18 months.
Earlier, the company had submitted bid for the said project of NHAI on November 05, 2026.
