Ashoka Buildcon share price rises 8% on strong Large inflows from Maharashtra | Stock Market News
Source: Live Mint
Stock Market Today: Ashoka Buildcon share price gained 8% in the morning trades on Monday as it has received large orders from Maharashtra
Ashoka Buildcon share price opened at ₹266.05 on the BSE on Monday, slightly higher than previous close of ₹251.80. The Ashoka Buildcon share price thereafter gained to intraday highs of ₹272 marking gains of 8% over the previous close
Amongs various large order Ashoka Buildcon won stands an Engineering, Procurement and Construction (EPC Work) order from the City & Industrial Development Corporation of Maharashtra Limited (CIDCO). Accepted Bid Price for the Project is Rs.1,673.24 Crore plus applicable GST as per the company. The domestic order is to be completed in 1460 days from the Commencement Date including Monsoon. The works involve Integrated Infrastructure Development of 20M & above wide Roads, Construction of Various Major & Minor Structures (Viz. Flyover, Minor Bridges, VUPS, PUPS etc.) And Allied Electrical Works (Street Light) in TPS – 10 & TPS – 11 under the NAINA Project
