Ashoka Buildcon Limited announces (the Company) the receipt of Letter from National Highways Authority of India ('NHAI')regarding declaration of an Appointed Date as on November 16, 2017,for the Project viz. Six laning of Ranastalam to Anandpuram (Visakhapatnam) (from km 634.000 to km 681.000) section of NH-5 (New NH- 16) in the State of Andhra Pradesh under NHDP Phase - V (Package II) on Hybrid Annuity Mode Project ('Project').
The Project is being implemented by Ashoka Ranastalam Anandapuram Road Limited, a Wholly Owned Subsidiary of Ashoka Concessions Limited, a subsidiary of the Company.
Shares of ASHOKA BUILDCON LTD. was last trading in BSE at Rs.211.45 as compared to the previous close of Rs. 203. The total number of shares traded during the day was 1014564 in over 1772 trades.
The stock hit an intraday high of Rs. 214.5 and intraday low of 204. The net turnover during the day was Rs. 210226771.