Ashoka Buildcon clinches overseas infrastructure deal in AngolaAshoka Buildcon clinches overseas infrastructure deal in Angola

Introduction

Leading infrastructure company receives international contract from Angola energy ministry for distribution network rehabilitation project worth USD 72.36 million with 24-month execution timeline.

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Share price movement of Ashoka Buildcon

On April 24, 2026, Ashoka Buildcon Ltd opened at ₹135.85, unchanged from its previous close of ₹135.85. The stock reached a high of ₹136.60 (0.55%) and a low of ₹132.20. By 2:57 PM, it traded at ₹133.10, a 2.02% decline, with a market cap of ₹3,736.43 crore.

Ashoka Wins Angola Project

Ashoka Buildcon Limited received a Letter of Contract Acceptance from Ministry of Energy and Water, Republic of Angola for Electricity Sector Improvement and Access Project, Lot 5 Luanda City 2.

The contract covers design, supply, installation and commissioning of rehabilitation of distribution networks in Angola. The project has been awarded by an international entity under government authority terms.

The accepted bid value is USD 72,359,639.46. The project execution period is 24 months. Trading window for designated persons remains closed till 48 hours after March 31, 2026 results declaration.

Stock performance of Ashoka Buildcon for period of 1 week, 6 months, and 1 year

Ashoka Buildcon Ltd delivered a 1-week return of -2.13%, a 6-month return of -28.3%, and a 1-year return of -31.4%.

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Shareholding pattern of Ashoka Buildcon

Particulars	Mar 2026	Dec 2025	Sep 2025
Promoter	54.50%	54.50%	54.50%
FII	5.90%	7.50%	7.50%
DII	14.40%	14.50%	14.10%
Public	25.20%	23.60%	24.00%

About Ashoka Buildcon

Ashoka Buildcon Ltd (NSE: ASHOKA) is engaged in EPC and BOT infrastructure projects and also operates in ready mix concrete and switchgear manufacturing and supply business.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

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