Stock in Focus: Construction engineering company Ashoka Buildcon Ltd has received the order for the construction of Signature Bridge from Public Works Department, Work Division-I, Daman. The project involves connecting Jampore Sea Front Road near Light House in Daman with Devka Sea Front Road at Parkota Sheri.
Project cost and timeline
Ashoka Buildcon’s bid of Rs 307.71 crore has been accepted for this project, which is exclusive of GST. This contract has been prepared on design, build and operate model. The company will have to complete the design and construction of this signature bridge within 30 months.
Big government orders have been received earlier also
Ashoka Buildcon had received an additional work order worth Rs 447.21 crore (including taxes) from Brihanmumbai Municipal Corporation (BMC) in December 2025. This order is related to the ongoing flyover project on Sion-Panvel Highway.
Before this, Ashoka Buildcon has also got a big infrastructure project worth Rs 539 crore from North Western Railways.
Status of Ashoka Buildcon shares
Shares of Ashoka Buildcon Ltd closed at Rs 145.20, up 2.43% on the BSE on Thursday. The stock has fallen 17.19% in the last 1 month. It has given negative returns of 28.44% during 6 months. At the same time, the stock has fallen 46.38% in 1 year. The market cap of the company is Rs 4.06 thousand crore.
What is the business of Ashoka Buildcon?
Ashoka Buildcon is an infrastructure and construction engineering company. Its core business involves design, construction, operation and maintenance of roads, highways, bridges, flyovers, railways, power transmission and urban infrastructure projects.
The company works on hybrid models like EPC (Engineering, Procurement and Construction) and BOT/DBO. It executes large-scale projects for the central and state governments. Additionally, Ashoka Buildcon also has presence in toll operations, road asset management and select international infrastructure projects.
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