Hot Pursuit     05-Aug-24
Ashoka Buildcon declared as L-1 bidder by MMRDA for projects worth Rs 1,281 crore
Ashoka Buildcon said that it has emerged as the lowest bidder for two projects floated by Mumbai Metropolitan Region Development Authority (MMRDA) worth Rs 1,280.8 crore.

The first project involves design and construction of creek bridge from Kolshet to Kalher. The project has to be completed within a period of 42 months. The quoted bid price for the said contract is Rs 289.60 crore.

The second project involves design and construction of creek bridge from Gaimukh to Payegaon. The project has to be completed within a period of 36 months. The quoted bid price for the said contract is Rs 991.20 crore.

Ashoka Buildcon is engaged in construction & maintenance of roads and supporting services to land support-operation of toll roads.

The company reported consolidated net profit of Rs 249.63 crore in Q4 FY24 as against net loss of Rs 41.89 crore in Q4 FY23. Revenue from operations rose 24.65% YoY to Rs 3,051.87 crore in the quarter ended March 2024.

The scrip declined 3.55% to currently trade at Rs 243.40 on the BSE.

Previous News
  Indices edge higher in early trade; breadth strong
 ( Market Commentary - Mid-Session 26-Nov-24   09:33 )
  Stock Alert: Zomato, Ashoka Buildcon, Gulf Oil Lubricants, Acme Solar Holdings
 ( Market Commentary - Stock Alert 26-Nov-24   08:26 )
  Ashoka Buildcon consolidated net profit rises 307.02% in the September 2024 quarter
 ( Results - Announcements 13-Nov-24   07:54 )
  Barometers trade with minor losses; bank shares slide
 ( Market Commentary - Mid-Session 11-Oct-24   12:33 )
  Ashoka Buildcon jumps as arm inks NHAI deal worth Rs 1,391-cr
 ( Hot Pursuit - 07-Jan-25   11:09 )
  Indices trade with robust gains; bank shares advance
 ( Market Commentary - Mid-Session 03-Jun-24   14:42 )
  Ashoka Buildcon consolidated net profit declines 21.16% in the December 2023 quarter
 ( Results - Announcements 08-Feb-24   07:26 )
  Ashoka Buildcon receives LoA for $67-million project from Govt of Guyana
 ( Hot Pursuit - 19-Jun-25   14:05 )
  Ashoka Buildcon forms JV for execution of Maldives project
 ( Hot Pursuit - 11-Sep-24   12:46 )
  Ashoka Buildcon spurts on winning Rs 242-crore order from NHAI
 ( Hot Pursuit - 26-Nov-24   10:02 )
  Ashoka Buildcon consolidated net profit rises 76.39% in the September 2023 quarter
 ( Results - Announcements 09-Nov-23   07:36 )
Other Stories
  Waaree Renewable bags EPC order from domestic entity
  03-Jul-25   08:30
  Bharat Forge gains after acquiring AAM India manufacturing
  02-Jul-25   15:15
  NBCC (India) secures Rs 355 crore PMC contract for Gorewada Zoo Project
  02-Jul-25   15:01
  Jindal Worldwide Ltd leads losers in 'A' group
  02-Jul-25   15:00
  Sigachi Industries Ltd leads losers in 'B' group
  02-Jul-25   14:45
  Volumes spurt at Rites Ltd counter
  02-Jul-25   14:30
  Tamilnad Mercantile Bank total deposits jump 9% YoY to Rs 53,803 cr in June’25
  02-Jul-25   14:30
  United Spirits Ltd down for fifth straight session
  02-Jul-25   13:35
  Oracle Financial Services Software Ltd eases for fifth straight session
  02-Jul-25   13:35
  Dr Reddys Laboratories Ltd slips for fifth straight session
  02-Jul-25   13:35
Back Top