Ashoka Buildcon preferred bidder for NHAI project; stock up

MUMBAI: Ashoka Buildcon has emerged as the preferred bidder for NHAI’s project to design, build, finance and operate six laning of Dhankuni To Kharagpur Section of NH - 6 in West Bengal on DBFOT Toll Basis. The project is on premium basis with the concession period of 25 years and NHAI cost of the Project is Rs 1396 crores.

The stock was at Rs 277, up 5.08 per cent on the NSE. It touched a high of Rs 283.95 and low of Rs 265.05 in trade so far.