Ashoka Buildcon gets sanction letter for premium deferment
Ashoka Buildcon Ltd’s Project SPVs viz. Ashoka Belgaum Dharwad Tollway Limited which currently operates the Project viz. 6 laning of Belgaum Dharwad section of NH-4 from km. 433.000 to km. 515.000 under NHDP Phase V in the State of Karnataka on DBFOT basis, has received a sanction letter from National Highways Authority of India (NHAI) for the premium deferment for the mentioned project and has signed a Supplementary Agreement to the Concession Agreement with NHAI under its Premium deferment scheme.
Shares of ASHOKA BUILDCON LTD. was last trading in BSE at Rs.130.8 as compared to the previous close of Rs. 130.15. The total number of shares traded during the day was 13939 in over 713 trades.
The stock hit an intraday high of Rs. 136 and intraday low of 127.1. The net turnover during the day was Rs. 1828327.