Ashoka Buildcon Ltd emerges L1 for MMRDA project

Ashoka Buildcon Limited ("the Company") had submitted bid to Mumbai Metropolitan Region Development Authority (MMRDA) for the Project. The Company has emerged as the Lowest Bidder (L-1) for the said Project.

The project is for Design and Construction of Elevated Road from KalyanMurbad Road (Palms Water Resort) to Badlapur Road (Jagdish Dughdhalaya) to Pune Link Road parallel to Waldhuni River Crossing Over Karjat- Kasara Railway Line Including Slip Road.

The Quoted Bid Price is Rs.478.00 Crore plus applicable GST.

Shares of Ashoka Buildcon Limited was last trading in BSE at Rs. 232.40 as compared to the previous close of Rs. 235.05. The total number of shares traded during the day was 132194 in over 2819 trades.

The stock hit an intraday high of Rs. 238.40 and intraday low of 231.60. The net turnover during the day was Rs. 31124294.00.

Source : Equity Bulls

Keywords

AshokaBuildcon INE442H01029 L1 MMRDAProject