Ashoka Buildcon shares rise 3% after Q1 profit jumps 45% YoY on margin gains; revenue slips

Ashoka Buildcon shares gained 3.12% to an intraday high of Rs 189.80 on the BSE on Tuesday after the company reported a consolidated net profit of Rs 217.3 crore for Q1FY26, up 44.6% from Rs 150.3 crore in the same quarter last year, driven by improved margins.

Revenue fell 23.5% year-on-year to Rs 1,887 crore from Rs 2,465 crore in Q1FY25, reflecting slower project execution and billing. EBITDA remained steady at Rs 599 crore, while the EBITDA margin improved sharply to 31.7% from 24.3% a year earlier, aided by a better project mix and cost efficiencies.

The board also approved raising the ceiling for commercial paper issuance from Rs 200 crore to Rs 300 crore to enhance financial flexibility, with execution subject to market conditions.

Ashoka Buildcon shares target price

According to Trendlyne, the average target price for Ashoka Buildcon is Rs 254, indicating a potential upside of around 38% from current levels. Among the seven analysts covering the stock, the consensus rating is ‘Buy’.

Ashoka Buildcon technical indicators

On the technical front, the stock’s Relative Strength Index (RSI) stands at 25.6. Since an RSI below 30 is considered oversold, this suggests the stock may rebound. The MACD is at -2.8, below its signal and center lines, indicating a strong bearish trend.

Ashoka Buildcon shares are currently trading below their 5-day, 10-day, 20-day, 30-day, 50-day, 100-day, 150-day, and 200-day simple moving averages (SMAs).

Ashoka Buildcon shares performance

Ashoka Buildcon shares closed at Rs 184 in the previous session, down 4.3% on BSE, while the benchmark Sensex rose 0.93%. The stock is down 40% year-to-date but has gained 98% over the past two years. The company’s market capitalization stands at Rs 5,166 crore.

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