Ashoka Buildcon Ltd.ASHOKA₹198.84 -2.79%

Ashoka Buildcon Ltd. has announced a significant international contract win from the Government of Guyana, marking a strategic expansion of its global infrastructure footprint.

The company received a Letter of Acceptance from Guyana’s Public Works Department for the East Bank–East Coast Road Linkage Project (Phase 2), which will connect Eccles to Providence. Ashoka Buildcon has formally signed the contract agreement with the authority.

The project is valued at USD 67.25 million and will be executed under an item rate contract model. The construction is scheduled to be completed over a period of 18 months.

This order marks Ashoka Buildcon’s growing presence in international markets and reinforces its capabilities in executing complex road infrastructure projects across geographies. The company continues to build on its reputation as a trusted EPC contractor, with a diversified order book spanning roads, highways, and urban development both in India and overseas.

Over the last three years, Ashoka Buildcon has given multibagger returns of more than 160%.

Let’s take a look at its Factor Analysis scores:

Note: The stock price mentioned is as of 3:30 PM.

Disclaimer

Investments in securities market are subject to market risks, read all the related documents carefully before investing. This is for informational purposes and should not be considered as recommendations.

Kindly refer to  https://share.market/ for more details.

PhonePe Wealth Broking Private Limited is a member of NSE & BSE with SEBI Regn. No.: INZ000302639, Depository Participant of CDSL Depository with SEBI Regn. No.: IN-DP-696-2022, Research Analyst with SEBI Regn No: INH000013387, BSE RA Enlistment Number: 5887, and Mutual Fund distributor with AMFI Registration No: ARN- 187821. Member ID: BSE- 6756, NSE- 90226. 

Registration granted by SEBI, enlistment as Research Analyst, and Certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors

Registered office – 2, Floor 3, Wing A, Block A, Salarpuria Softzone, Service Road, Green Glen Layout, Bellandur, Bengaluru South, Bengaluru, Karnataka – 560103, INDIA.

CIN: U65990KA2021PTC146954.