Ashoka Buildcon Shares Surge 3.36% on Securing ₹1,264 Cr Projects
A leading infrastructure development company is expanding its presence with major new infrastructure projects.
Ashoka Buildcon has bagged EPC contracts for two Bridges worth ₹1,264 Cr from MMRDA.
As of 11:37 am, Ashoka Buildcon's share price is trading at ₹344.45, up 3.26%. The stock has risen 85.9% this year.
The second contract, worth a whopping ₹991.2 Cr, focuses on building the Gaimukh-Payegaon Creek bridge.
Another contract is for the construction of a creek bridge between Kolshet and Kalher, valued at ₹289.6 Cr, boosting regional connectivity.
With a 42-month timeline for Kolshet-Kalher and 36 months for Gaimukh-Payegaon.
The company is known for securing high-value contracts, positioning itself as a major player in construction and infrastructure across India.