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Ashoka Buildcon Limited ( (IN:ASHOKA) ) has issued an announcement.
Ashoka Buildcon Limited has announced the receipt of a Letter of Acceptance for a significant project awarded by the Brihanmumbai Municipal Corporation (BMC). The project involves the construction of a flyover connecting J.J. Bridge and Sitaram Selam Bridge in Mumbai, valued at Rs.1,041.44 Crore including GST. This development is expected to enhance Ashoka Buildcon’s portfolio in urban infrastructure, potentially strengthening its market position in the construction industry.
More about Ashoka Buildcon Limited
Ashoka Buildcon Limited is a prominent player in the construction and infrastructure industry, primarily focusing on engineering, procurement, and construction (EPC) projects. The company is involved in building roads, bridges, and other infrastructure projects, with a significant presence in the Indian market.
Average Trading Volume: 97,758
Technical Sentiment Signal: Hold
Current Market Cap: 46.43B INR
See more insights into ASHOKA stock on TipRanks’ Stock Analysis page.