Page 2 - Ashoka Buildcon

Ashoka Buildcon to invest Rs 9,000 cr in green hydrogen plant in Bihar

Construction engineering company Ashoka Buildcon plans to invest Rs 9,000 crore in setting up a green hydrogen plant in Bihar, its COO-Renewable Energy Mayank Sharma said Friday. The company signed a memorandum of understanding with the state government, committing to investing in the plant, during the Bihar Business Connect 2024. The Maharashtra-based firm is in highway construction, power distribution and solar projects. Sharma said the company will set up a 1,250 MW solar project and use the clean electricity to produce green hydrogen by splitting water. "The first phase of the plant is being planned at Begusarai (in Bihar)," he said. Green hydrogen is the cleanest known source of energy, which produces just water from being burnt. Sharma said the first phase of the project will take 1.5-2 years to commission from the date of receiving all clearances. The second phase will follow thereafter. According to the latest presentation on the company website, Ashoka Buildcon had an

Rs 193-cr contract win lifts Ashoka Buildcon share 3%; key details here

Ashoka Buildcon share rose after the company said that it has received a NoAfrom Madhya Pradesh Poorv Kshetra Vidyut Vitaran Company for a project of Rs 192.69 crore, excluding GST

Ashoka Buildcon receives LOA for Nhai project worth Rs 1,391 crore

The company was declared as the lowest bidder (L-1) during the bidding procedures for the project

Ashoka Buildcon up 6% on emerging lowest bidder for project of Rs 2,791 cr

The rise in Ashoka Buildcon share price came after the company announced that it has emerged as the lowest bidder (L-1) for a project worth Rs 2,791 crore

Ashoka Buildcon shares fly over 7% after profit soars 337% in Q2FY25

Ashoka Buildcon share price scaled up to 7.2 per cent at Rs 241.45 per share on the BSE in Wednesday's intraday deals

Ashoka Buildcon enters share purchase agreement, to sell road assets

The company will also acquire the remaining 34 per cent stake in its unit ACL at an aggregate consideration of Rs 1,526 crore, to make it a wholly owned subsidiary

Here's why Ashoka Buildcon shares zoomed 7% on Oct 31; details here

Shares of Ashoka Buildcon rose up to 6.7 per cent at Rs 248.45 per share on the BSE

Ashoka Buildcon stock flies 8% after Co receives LoA worth Rs 3,982 cr

Shares of civil construction firm Ashoka Buildcon rose as much 8 per cent at Rs 272 per share on the BSE in Monday's intraday trade

Ashoka Buildcon rises 4% on emerging lowest bidder for Rs 918-crore project

Ashoka Buildcon secured the project from Brihanmumbai Municipal Corporation (BMC), Mumbai, for construction of flyover arm1 arm-2 at T Junction on Sion Panvel Highway

Ashoka Buildcon up 5% as JV emerges lowest bidder for order of Rs 1,668 cr

The rise in the share price came after the company announced that its joint venture (JV) has emerged as the lowest bidder for a project of Rs 1,667.78 crore from CIDCO

Ashoka Buildcon stock soars over 4% after bagging LoAs worth Rs 1,727 cr

Ashoka Buildcon shares surged as much as 4.3 per cent at Rs 247 a piece on the BSE

Ashoka Buildcon arm sells land for Rs 453 cr; stock hits life time high

Ashoka Buildcon's subsidiary Viva Highways sold land in Hinjewadi, Pune for Rs 453 crore

Ashoka Buildcon Q1 net soars 148%, order book at Rs 10K cr; stock trades up

Ashoka Buildcon stock update: The stock had gained over 4 per cent in intra-day deals; but soon pared gains. Total income increased by 22 per cent in Q1FY25.

Ashoka Buildcon soars 9%, hits all-time high on order win worth Rs 2,152 cr

The surge came after the company bagged two orders worth Rs 2,150 crore from Maharashtra State Road Development Corporation Ltd (MSRDC)

Stocks to watch on June 03: Canara Bank, Coal India, NTPC, Ashoka Buildcon

Stocks to watch on June 03: Coal India reported a 7.5 per cent increase in coal production for May, reaching 64.4 million tonnes year-on-year

HBL Power hits new high on healthy outlook; zooms 155% in three months

The Cabinet Committee on Economic Affairs on Wednesday approved seven multi-tracking projects at an estimated cost of Rs 32,500 crore, under the PM Gati Shakti National Master Plan.

EAM Jaishankar visits Indian infra company's road project site in Guyana

External Affairs Minister S Jaishankar, who is on his first official trip to Guyana, visited the site of the ongoing East Bank-East Coast Road Linkage project along with Guyana's minister of public works Deodat Indar. Indian infrastructure company Ashoka Buildcon Limited is developing the East Bank-East Coast Road Linkage Project. Ashoka Buildcon in a statement said Jaishankar during his visit interacted with the workers and the senior staff including those of the company. "Delivered by India is a growing global infra reality. Paid a site visit to the East Bank-East Coast Road Linkage Project along with Minister of Public Works Deodat Indar. "Interacted with workers and senior staff. Impressed by their enthusiasm," he said in a tweet. East Bank-East Coast Road Linkage project is located in Georgetown, which is the capital of Guyana, in South America. According to the company statement, the new road link will serve as a corridor for communities on the East Bank. It will also prov

Infrastructure stocks in focus; PNC, HG Infra, Ashoka Buildcon soar upto 7%

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

Ashoka Buildcon gains 4% on securing orders worth Rs 755 cr

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.

Stocks to Watch: Tata Power, M&M, Tata Motors, Ashoka Buildcon, Spandana

Stocks to Watch Today: Balrampur Chini, BHEL, Delta Corp, GNFC, Indiabulls Housing Finance, IRCTC and PNB are the seven stocks in F&O ban period on Monday.