Ashoka Buildcon shares soar 14% after new NHAI order win, still down 43% in 1 year
60-Word AI Digest
Ashoka Buildcon shares rose as much as 14% after the company received an ₹865.90 crore NHAI contract to complete a 26.6-km expressway section in Gujarat. The award boosted sentiment despite Q2 FY27 revenue falling 18.72% year on year and the company reporting a net loss of ₹118.96 crore.
Key Takeaways
- Ashoka Buildcon shares rose as much as 14% after the company received an ₹865.90 crore NHAI contract to complete a 26.6-km expressway section in Gujarat.
- The award boosted sentiment despite Q2 FY27 revenue falling 18.72% year on year and the company reporting a net loss of ₹118.96 crore.
- Full details and original dispatch available below.
Ashoka Buildcon shares rose as much as 14% after the company received an ₹865.90 crore NHAI contract to complete a 26.6-km expressway section in Gujarat. The award boosted sentiment despite Q2 FY27 revenue falling 18.72% year on year and the company reporting a net loss of ₹118.96 crore.
Original Publisher Attribution
This summary was curated from check contract details, performance.