Ashoka Buildcon

HG Infra and PNC Infratech hit respective 52-week highs in trades so far on Monday

The company was awarded projects worth Rs 754.60 crore from the Madhya Pradesh PoorvKshetra Vidyut Vitaran company for supply, installation, testing and commissioning of new 11 KV lines in Balaghat.

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Busting a major corruption racket at the Patna regional office of the National Highways Authority of India, the CBI on Friday arrested four persons, including a chief general manager and a deputy general manager, in a Rs 5 lakh bribery case, officials said. Chief General Manager Sadre Alam and DGM Prabhanshu Shekhar posted at the NHAI regional office were arrested by the CBI for allegedly receiving a bribe of Rs 5 lakh from executives of the Nashik-based Ashoka Buildcon Limited -- Amit Kumar Gupta and Mukul Kumar -- they said. The arrests were followed by searches at eight locations, including the residences of the accused officials and the private executives and offices of the company. During the searches, the CBI recovered Rs 70 lakh in cash, including the bribe amount, and property documents from the residential premises of Alam. Gold jewellery and biscuits worth Rs 80 lakh and Rs 6 lakh in cash were recovered from Shekhar's premises, they said. It is alleged that Alam and Shekh

Stocks to Watch Today: In the F&O space, Ambuja Cements, Can Fin Homes, Delta Corp, Escorts, PVR and RBL Bank are in F&O ban period on Thursday.

The company has received letter of acceptance from NHAI for development of Memmadpur (Ambala) - Banur (IT City Chowk) - Kharar (Chandigarh) Corridor for a bid price of Rs 726 crore

Highways developer Ashoka Buildcon on Friday said it had bagged an order worth Rs 1,018.36 crore from Maldives' Fahi Dhiriulhun Corporation for design and construction of 2,000 social housing units

Despite today's gain, in past one month, the stock of roads & highways construction company has underperformed the market by falling 10 per cent, as compared to 2.7 per cent decline in the Sensex

Government has issued a request for proposals to engage legal advisors, merchant bankers and selling brokers to sell a 20 per cent stake in National Fertilizers via OFS

In the past one month, the stock has rallied 56 per cent.

The company said its total order book as on September 30, 2020 stands at Rs 9,300 crore.

The company had posted a PAT of Rs 11.45 crore in the corresponding quarter a year ago, it said in a regulatory filing to the BSE

Debt resolution, Covid-related liquidity concerns, and a long legal process acting as deterrent are some reasons pushing firms to pursue conciliation

Ashoka Buildcon on Monday said it has bagged two highway projects worth Rs 1,390 crore in Bihar from National Highways Authority of India

The company has emerged as the lowest bidder for two National Highways Authority of India (NHAI) projects with an aggregate quoted value of Rs 1,390 crore in Bihar under Bharatmala Pariyojana.

MEP Infrastructure was up around 4.5 per cent to Rs 18.70 on the BSE.

Ashoka Buildcon's standalone net profit increased 6.7 per cent to Rs 69 crore in the recently concluded quarter, as against profit of Rs 65 crore clocked in Q1FY20 despite Covid-19-led lockdown

The company had clocked a profit after tax (PAT) at Rs 65 crore for the corresponding quarter a year ago, it said in a statement.

Its total income rose to Rs 5,152.21 crore in the last fiscal from Rs 5,007.22 crore in 2018-19

Shares of Ashoka Buildcon were trading at Rs 54.65 apiece on the BSE, up 3.21% over the previous close.