Ashoka Buildcon Shares Surge 2% on Rs 307 Crore Daman Bridge Contract Win
Business
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Moneycontrol•23-01-2026, 09:18
Ashoka Buildcon Shares Surge 2% on Rs 307 Crore Daman Bridge Contract Win
- •Ashoka Buildcon's share price rose 2% after securing a significant contract from the Public Works Department, Daman.
- •The contract involves constructing a signature bridge connecting Jampore Sea Front Road to Devka Sea Front Road at Parkota Sheri in Daman.
- •The project, valued at Rs 307.71 crore, has an execution timeline of 30 months.
- •The company's board will meet on January 30, 2026, to review financial results for the quarter ended December 31, 2025.
- •Ashoka Buildcon's market capitalization is Rs 4,062.06 crore, with the stock trading near its 52-week low.
Why It Matters: Ashoka Buildcon's shares gained on a new Rs 307 crore bridge construction contract in Daman.
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