Ashoka Buildcon emerges L1 for railway project worth Rs. 692.50 crores

Ashoka Buildcon Limited (the Company) has submitted Bid to North Frontier Railway for the Project viz. 'Electrification of Railway Lines of the sections Rangiya (Excl.)- Murkongselek including branch lines of Rangapara Nor th (Excl.)-Dekargaon, Balipara(Excl.)- Bhalukpong, Harmuty (Excl.)-Naharlagun, Sripani - Dhamalgaon(Excl) , Furkating Jn.(Excl.) to Mariani Jn.(Excl.) And Tinsukia to Dangri Section including branch line of Makum Jn to Tirap, Northeast Frontier Railway RKM / TKM - 733.35 /947.59 on EPC mode'; Tender No: EL-CON-NFR-EPC-14-RE-RT2.' in the State of Assam ('Project').

The Company has emerged as the Lowest Bidder (L-1) for the Project, the Bid Value of which is Rs.692.50 Crore.

Shares of Ashoka Buildcon Limited was last trading in BSE at Rs. 94.25 as compared to the previous close of Rs. 96.30. The total number of shares traded during the day was 81809 in over 1439 trades.

The stock hit an intraday high of Rs. 96.10 and intraday low of 93.55. The net turnover during the day was Rs. 7767104.00.

Source : Equity Bulls

Keywords

AshokaBuildcon INE442H01029 L1 NorthFrontierRailway