Monday, 10 December 2018

Ashoka Buildcon gains 2% on LoA from Rail Vikas Nigam

Share worth of Ashoka Buildcon gained a pair of.5 %intraday Mon as company received LoA from Rail Vikas Nigam for the project within the state of province and Jharkhand.

The company has received letter of acceptance (LoA) by Rail Vikas Nigam, for the project of construction of bed, bridges, offer of ballast, Installation of track (excluding offer of rails, and track sleepers), electrical (General Electrification), provision of OHE, communication and telecommunication works in reference to third Line from Sonnagar to Garhwa Road in Dhanbad Division of East Central Railway within thestates of province and Jharkhand in a pair ofpackages (Package one & Package 2).
The company had bid the project in venture with Story school Services LLC, whereby the corporate could be a lead member.

The aggregate accepted bid worth of the project is Rs794.20 crore.

At 09:41 hrs Ashoka Buildcon was quoting at Rs a hundred and twenty.65, up Rs 0.45, or 0.37 % on the animal disease.

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