Total expenses reduced to Rs 5472.7 million during the quarter against Rs 5737.7 million in the same quarter of 2016-17
Ashoka Buildcon has an order book of Rs 7,000 cr and is targeting an additional order intake
The stock moved higher to its 52-week high of Rs 232, up 10% on BSE in intra-day trade
The company said it has extended its full co-operation and provided all the requisite information to the I-T authorities
Analysts say unless the firm's name in a case of financing construction projects for a former minister's family is cleared, overhang on the stock may remain
The stock locked in lower circuit of 20% at Rs 136, also its 52-week low on the BSE on back of heavy volumes.
The stock was up 3.3% at Rs 191 on the BSE as compared to 0.69% decline in the S&P BSE Sensex at 09:30 am.
These projects will be funded by the Asian Development Bank, the company said in its filing