Ashoka Buildcon shares soar 14% after new NHAI order win, still down 43% in 1 year - check contract details, performance
A infrastructure development with market-wide reach.
· LiveMint Markets
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 facts
- Period
- Q2 FY27
The analysis
Infra spending is both an economic-cycle signal and a direct order pipeline for capital-goods names.
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