Ashoka Buildcon secures EPC projectsASHOKA - 74 Change: 0.90 (1.23 %)
News: Ashoka Buildcon has emerged as L1 for the project namely "six laning from Belgaum to Sankeshwar Bypass in the state of Karnataka on EPC Mode (Package-I)". The quoted bid price stood at Rs.829.5 crore.
Views: ABL’s order book at the end of Q2FY22 was at Rs.11,883 crore (excluding a project worth Rs.139 crore received from Assam Power Distribution Company). Additionally, ABL had guided for order inflows of ~Rs.6,000 crore during FY22 (secured projects worth ~Rs.5,000 crore during YTD FY22) and is likely to achieve the targeted projects with robust traction in roads, power T&D and building segments.