Ashoka Buildcon Ltd receives LoA for project worth Rs. 311.92 crore

Ashoka Buildcon Limited ("the Company") informs that the Company had submitted bid for a Project to Maharashtra State Electricity Transmission Co. Limited.

The project is for Supply, ETC and Civil Portion in connection with Trunkey Works Contract for establishment of 400/220 KV substation at Nandgaon Peth, Dist. Amravati, Maharashtra.

The Company has received Letter of Acceptance for the said Project.

The accepted Bid Price for the Project is Rs.311.92 Crore, incl. GST.

Shares of Ashoka Buildcon Limited was last trading in BSE at Rs. 178.95 as compared to the previous close of Rs. 189.25. The total number of shares traded during the day was 103980 in over 1422 trades.

The stock hit an intraday high of Rs. 192.85 and intraday low of 177.40. The net turnover during the day was Rs. 18918175.00.

Source : Equity Bulls

Keywords

AshokaBuildcon INE442H01029 LOA OrderWin