Rs 14,888 Crore Order Book: Civil Construction Company Bags Rs 307.71 Crore Order from Daman

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Rs 14,888 Crore Order Book: Civil Construction Company Bags Rs 307.71 Crore Order from Daman

The stock is up by 8 per cent from its 52-week low of Rs 139.95 per share. 

Ashoka Buildcon Limited has secured a significant domestic contract from the Public Works Department (PWD) of Daman for the Construction of a landmark signature bridge. This Design, Build, and Operate (DBO) project involves connecting the Jampore Sea Front Road near the Light House to the Devka Sea Front road at Parkota Sheri. The contract, valued at Rs 307.71 crore (excluding GST), underscores the company's involvement in critical infrastructure development within the region. Ashoka Buildcon is expected to complete the design and construction phases within a 30-month timeline, following the formal receipt of the Letter of Acceptance.

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About the Company

Ashoka Buildcon Ltd is engaged in the construction and infrastructure facilities business on an EPC (engineering, procurement and construction) and BOT (Build-Operate-Transfer) basis. It is also involved in the sale of RMC (ready-mix concrete). The company has a market cap of over Rs 4,000 crore and its current Order Book as of September 30, 2025, stands at Rs 14,888 crore.

According to Quarterly Results, the company reported net sales of Rs 1,851 crore and a net profit of Rs 91 crore in Q2FY25. In its annual results, the net sales increased by 2 per cent to Rs 10,036.63 crore and the net profit increased by 237 per cent to Rs 1,694.10 crore in FY25 compared to FY24. The stock is up by 8 per cent from its 52-week low of Rs 139.95 per share.

Disclaimer: The article is for informational purposes only and not investment advice.