Monday 10 December 2018

Ashoka Buildcon gets order worth Rs794cr; stock sprints 9%

Shares of Ashoka Buildcon are trading 9% higher on news of receiving an order worth Rs794cr. Ashoka Buildcon has received a letter of acceptance by Rail Vikas Nigam Limited, for the project involving "Construction of roadbed, bridges, supply of ballast, Installation of track (excluding supply of rails, and track sleepers), Electrical (General Electrification), Provision of OHE, Signaling and telecommunication works in connection with 3rd Line from Sonnagar to Garhwa Road in Dhanbad Division of East Central Railway" in the States of Bihar and Jharkhand in two packages.


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1 comment:

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