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Ashoka Buildcon shares gain 2% on Rs 307 crore contract win

Ashoka Buildcon Share Price | The company has received a Letter of Acceptance of Rs 307 crore from Public Works Department, Daman.

January 23, 2026 / 09:18 IST
Ashoka Buildcon

Ashoka Buildcon’s share price gained 2 percent in the early trade on January 23 after the company secured a contract from the Public Works Department, Daman.

At 09:16am, Ashoka Buildcon was quoting at Rs 147.65, up Rs 2.95, or 2.04 percent, on the BSE.

The company has received a Letter of Acceptance for the construction of a proposed signature bridge connecting Jampore Sea Front Road near the Lighthouse to Devka Sea Front Road at Parkota Sheri in Daman. The project has been awarded by the Public Works Department, Executive Engineer, Work Division-1, Moti Daman.

The total cost of the project is Rs 307.71 crore, with an execution timeline of 30 months

A meeting of the board of directors of the company is scheduled to be held on Friday, January 30, 2026, to consider, approve and take on record the unaudited standalone and consolidated financial results (Limited Review) of the company for the quarter ended December 31, 2025.

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In the previous trading session, the stock closed at Rs 144.70, up Rs 2.95, or 2.08 percent.

The share touched a 52-week high of Rs 275.90 on January 23, 2025, and a 52-week low of Rs 139.95 on January 21, 2026. Currently, the stock is trading 47.55 percent below its 52-week high and 3.39 percent above its 52-week low.

The company’s market capitalisation stands at Rs 4,062.06 crore.

Moneycontrol News
first published: Jan 23, 2026 07:25 am

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