Ashoka Buildcon Ltd receives NOA from Madhya Pradesh Poorv Kshetra Vidyut Vitaran Company Ltd

Ashoka Buildcon Limited ("the Company") had submitted bid for the Project "Procurement for Supply, Installation, Testing and Commissioning of New 11 KV Lines, LT Line on AB Cable, Distribution Transformer Substation and Supporting works such as DPs, TPs, crossing etc. for separation of 11 KV Mix Feeders & Mix DTRs under project financing from KfW for Feeder Separation (FSP) Lot-I: Chhindwara, Notice/ NIT No. [MD/EZ/CGM/KfW/FSP/NIT/698 dated 07.03.2024 E-Tender no. - 2024_PKVVC_341810]" to Madhya Pradesh Poorv Kshetra Vidyut Vitaran Company Limited.

Further to apprise that the Company has received Notification Award for the said Project.

The accepted Bid Price for the Project is Rs.192.69 Crore, excl. GST.

Shares of Ashoka Buildcon Limited was last trading in BSE at Rs. 235.15 as compared to the previous close of Rs. 241.35. The total number of shares traded during the day was 239816 in over 4162 trades.

The stock hit an intraday high of Rs. 241.35 and intraday low of 232.55. The net turnover during the day was Rs. 56901585.00.

Source : Equity Bulls

Keywords

AshokaBuildcon INE442H01029 NOA Project OrderWin