Ashoka Buildcon receives Letter of Intent for construction of mall cum Multiplex

Ashoka Buildcon Limited ("the Company") had submitted offer to Bailey Properties Private Limited in respect of the Project viz. 'work of construction of Mall cum Multiplex, B2+B1+LG+G+4, near Pillar 64, Bailey Road, Patna on item rate basis' (Project) to be completed within 15 months.

The Company has been awarded the Project with the cost of Rs.111.51 Crore excluding GST.

Shares of Ashoka Buildcon Limited was last trading in BSE at Rs. 101.95 as compared to the previous close of Rs. 104.10. The total number of shares traded during the day was 72816 in over 1127 trades.

The stock hit an intraday high of Rs. 105.40 and intraday low of 101.35. The net turnover during the day was Rs. 7495768.00.

Source : Equity Bulls

Keywords

AshokaBuildcon INE442H01029 OrderWin LoI Construction MallcumMultiplex Patna