Ashoka Buildcon climbs 7% on emerging as lowest bidder for NHAI projects in Bihar
Shares of Ashoka Buildcon NSE -3.79 % advanced nearly 7 per cent in Tuesday’s trade after the company informed bourses that it has emerged as the lowest bidder for National Highway Authority of India (NHAI) projects in Bihar.
The scrip traded 6.74 per cent up at Rs 72.80 on the BSE.
The company has emerged as the lowest bidder (L-1) for NHAI projects including Package I and Package II. The aggregate quoted value of both the projects is Rs 1,390 crore, Ashoka Buildcon said in a release.
