Ashoka Buildcon shares gain 3% after its JV bags order worth ₹1,041.44 CrAshoka Buildcon shares gain 3% after its JV bags order worth ₹1,041.44 Cr

Introduction

leading infrastructure developer received letter of acceptance from Brihanmumbai Municipal Corporation for flyover construction project in Mumbai with contract value Rs 1041.44 crore and completion period 24 months excluding monsoon.

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Share price movement of Ashoka Buildcon

On December 15, 2025, Ashoka Buildcon Ltd opened at ₹166.60, up 0.73% from its previous close of ₹165.40. The stock reached a high of ₹170.00 (2.77%) and a low of ₹166.60. By 2:55 PM, it traded at ₹169.40, a 2.42% increase, with a market cap of ₹4,755.45 crore.

Ashoka Buildcon JV wins BMC project

Ashoka Buildcon Limited informed exchanges that its joint venture Ashoka Aakshaya JV received a letter of acceptance from Brihanmumbai Municipal Corporation for a flyover construction project in Mumbai.

The project involves construction of a flyover connecting J.J. Bridge and Sitaram Selam Bridge at J.J. Road and Saboo Siddik Polytechnic Road Junction in E Ward.

The accepted project cost is Rs 1,041.44 crore including GST. The project execution period is 24 months, excluding the monsoon period, as per the work order terms.

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

Ashoka Buildcon Ltd delivered a 0.57% return over the past week, declined 19.1% over the past six months, and fell 43.9% over the past year.

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Shareholding pattern of Ashoka Buildcon

Particulars	Sep 2025	Jun 2025	Mar 2025
Promoter	54.50%	54.50%	54.50%
FII	7.50%	7.30%	7.50%
DII	14.10%	14.20%	14.90%
Public	24.00%	24.10%	23.10%

About Ashoka Buildcon

Ashoka Buildcon Ltd (NSE: ASHOKA) is engaged in construction and infrastructure projects on EPC and BOT basis, and also involved in sale of ready mix concrete and related switchgear concrete solutions.

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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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