/ Ashoka Buildcon Limited Bags An Order From JBVNL ~ Ways2Capital|Stock Tips|Stock Market Tips|Intraday Stock Tips|Stock Trading Tips|NSE BSE Tips

Friday, 12 May 2017

Ashoka Buildcon has bagged a Rs 2.8 bn project from Jharkhand Bijli Vitran Nigam for urban electrification works in Jharkhand.

The electrification works include the execution of urban electrification works for Ranchi and Medininagar towns in the state of Jharkhand and electric supply area covering 12 towns in the state of Jharkahand under Integrated Power Development Scheme ('IPDS').

After the announcement by the company, the stock has witnessed huge volumes in the morning hours on Friday. Ashoka Buildcon Ltd. is one of the largest highway developers in the country with an impressive portfolio of over 31 PPP (Public Private Partnership) projects.

The company is present across nine states in the country executing several prestigious projects for National and State Governments. The company is also active in Power Transmission & Distribution sector with various power projects in Maharashtra, Chattisgarh, Tamil Nadu & Bihar.

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