Ashoka Buildcon Ltd receives LOA for the project of Central Railway

Ashoka Buildcon Limited ("the Company") had submitted bid for the project viz. 'Construction of Earth Work, Major Bridges, Minor Bridges, Rubs, P. Way Work and Miscellaneous Civil Works in Connection with Gauge Conversion Work from Pachora-Jamner (Approx. 53.3 Km) Excluding Pachora Yard and Road Over Bridges for Central Railway.

The Company has received Letter of Acceptance for the said Project from Central Railway and the Accepted Contract Value for the Project is Rs.568.86 Crore including GST.

Shares of Ashoka Buildcon Limited was last trading in BSE at Rs. 198.00 as compared to the previous close of Rs. 196.90. The total number of shares traded during the day was 133166 in over 1702 trades.

The stock hit an intraday high of Rs. 201.00 and intraday low of 196.05. The net turnover during the day was Rs. 26440819.00.

Source : Equity Bulls

Keywords

AshokaBuildcon INE442H01029 LOA CentralRailwayProject