Ashoka Buildcon

July 10 (Reuters) - Ashoka Buildcon Ltd ABDL.NS:

• ASHOKA BUILDCON LTD - CO AGREES TO PAY 10.4 MILLION RUPEES TO NHAI AS PART OF SETTLEMENT AGREEMENT

Source text: ID:nNSE3qdW39

Further company coverage: ABDL.NS

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June 30 (Reuters) - Ashoka Buildcon Ltd ABDL.NS:

• ASHOKA BUILDCON - EXTENDS EXPECTED COMPLETION DATE FOR SALE OF STAKE IN SUBSIDIARIES AND ACL

Source text: ID:nBSE612kVK

Further company coverage: ABDL.NS

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Ashoka Buildcon has received a Letter of Acceptance from the Central Housing and Planning Authority of Guyana for a four-lane highway project. The contract, valued at 35.42 million US dollars, involves construction of a road between Versailles and Parika over a 20-month period.

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April 24 (Reuters) - Ashoka Buildcon Ltd ABDL.NS:

• ASHOKA BUILDCON LTD - RECEIVES CONTRACT ACCEPTANCE FOR ANGOLA ELECTRICITY PROJECT

• ASHOKA BUILDCON LTD - GETS ACCEPTED BID COST FOR ANGOLA PROJECT WORTH $72.4 MILLION

Source text: ID:nBSE749PB2

Further company coverage: ABDL.NS

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March 30 (Reuters) - Ashoka Buildcon Ltd ABDL.NS:

• ASHOKA BUILDCON - ALLOTTED SHARES WORTH 66.5 MILLION RUPEES UNDER RIGHTS ISSUE BY ASHOKA INFRASTRUCTURE

Source text: ID:nBSE2Zrqs7

Further company coverage: ABDL.NS

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** Shares of Railtel Corporation of India RAIT.NS rise nearly 3% to 333 rupees

** State-owned telecom infrastructure provider gets order worth 11.36 billion rupees ($125.2 million)

** Co receives a letter of intent, in a consortium with Ashoka Buildcon ABDL.NS, for a multi-year modernization project in the state of Maharashtra

** ABDL rises 3.4% to 147 rupees

** YTD, RAIT lost ~13%, ABDL down 15%

($1 = 90.7480 Indian rupees)

(Reporting by Komal Salecha in Bengaluru)

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Feb 6 (Reuters) - Ashoka Buildcon Ltd ABDL.NS:

• ASHOKA BUILDCON LTD - JV GETS LOA FOR ORDER WORTH 2.42 BILLION RUPEES

Source text: [ID:]

Further company coverage: ABDL.NS

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Jan 22 (Reuters) - Ashoka Buildcon Ltd ABDL.NS:

• GETS LETTER OF ACCEPTANCE FOR PROJECT WORTH 3.08 BILLION RUPEES

Source text: ID:nBSE3wtkWl

Further company coverage: ABDL.NS

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Dec 30 (Reuters) - Ashoka Buildcon Ltd ABDL.NS:

• ISSUED COMMERCIAL PAPERS OF 500 MILLION RUPEES

Source text: ID:nNSE2nTYZ1

Further company coverage: ABDL.NS

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Dec 23 (Reuters) - Ashoka Buildcon Ltd ABDL.NS:

• ISSUED COMMERCIAL PAPERS WORTH 500 MILLION RUPEES

Source text: ID:nBSEb2pfcQ

Further company coverage: ABDL.NS

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** Shares of Ashoka Buildcon ABDL.NS rise 1.3% to 167.18 rupees

** Indian highway developer, as part of JV with Adani unit and Aakshaya Infra Projects, wins order worth 18.16 bln rupees ($201.3 mln)

** 4 analysts covering stock rate it at "buy" or "strong buy", 4 rate it as "hold"; median PT is 214 rupees - LSEG data

** Stock down 46.96% YTD up to last close

(Reporting by Abhirami G in Bengaluru)

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** Ashoka Buildcon ABDL.NS rises 4.3% to 167.5 rupees

** Construction firm receives additional work order worth 44.7 bln rupees ($496.1 million) from Brihanmumbai Municipal Corporation for its existing flyover project on Sion Panvel Highway

** Stock sees busiest session since June 6, with more than 47 mln shares traded - 4.7x the 30-day avg

** YTD, ABDL falls 46.2%

($1 = 90.0975 Indian rupees)

(Reporting by Rudra Pratap Singh in Bengaluru)

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** Shares of Ashoka Buildcon ABDL.NS fall 5% to 188.8 rupees, their lowest point since October 24

** Stock hits its biggest intraday percentage loss since March 10

** The construction firm posts a nearly 83% y/y decline in September-quarter consol net profit; revenue from ops drops 25.6% y/y

** More than 1.6 million shares change hands, 1.9x of 30-day avg

** ABDL rated "buy" by eight analysts on average; median target price is 216 rupees – data compiled by LSEG

** Stock down 39.3%, YTD

(Reporting by Rudra Pratap Singh in Bengaluru)

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Aug 22 (Reuters) - Ashoka Buildcon Ltd ABDL.NS:

• RECEIVES LOA FOR JAIPUR RAILWAY PROJECT

• PROJECT COST ACCEPTED AT 5 BILLION RUPEES

Source text: ID:nBSEbzMR40

Further company coverage: ABDL.NS

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** Shares of Ashoka Buildcon ABDL.NS rise nearly 1.5% to 186 rupees after five-session losing streak

** 53% Y/Y rise in order book size helps construction co post almost 45% jump in Q1 consol net profit

** Average rating from five analysts is "buy"; median PT is 248 rupees - data compiled by LSEG

** YTD, stock down ~39%

(Reporting by Urvi Dugar)

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Aug 11 (Reuters) - Ashoka Buildcon Ltd ABDL.NS:

• ASHOKA BUILDCON JUNE-QUARTER CONSOL NET PROFIT 2.17 BILLION RUPEES

• ASHOKA BUILDCON JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 18.87 BILLION RUPEES

• APPROVES INCREASE IN CP ISSUANCE LIMIT TO 3 BILLION RUPEES

Further company coverage: ABDL.NS

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July 8 (Reuters) - Ashoka Buildcon Ltd ABDL.NS:

• UNIT SUBMITS FINANCING DOCUMENTS FOR WEST BENGAL PROJECT TO NHAI

Source text: ID:nBSEbd3bnt

Further company coverage: ABDL.NS

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** Shares of Ashoka Buildcon ABDL.NS fall 2.5% to 212 rupees

** Goods & Services Tax department serves notice for search and seizure at company's Nashik office; co says search began on June 11

** Stock was flat ahead of the search announcement

** ABDL set to fall for a fourth straight session, dropping 5% in the period

** YTD, stock is down 32%

(Reporting by Nishit Navin in Bengaluru)

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** Shares of Ashoka Buildcon ABDL.NS rise 2.5% to 224.3 rupees

** Construction co wins multiple contracts worth up to 13.87 billion rupees ($161.7 million) from Maharashtra govt body for design of traffic management systems

** Avg rating on stock is "buy"; median PT is 248 rupees - data compiled by LSEG

** Stock down 27.8% YTD

($1 = 85.7640 Indian rupees)

(Reporting by Aleef Jahan in Bengaluru)

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April 22 (Reuters) - Ashoka Buildcon Ltd ABDL.NS:

• GETS PROJECT WITH CONTRACT VALUE 5.69 BILLION RUPEES INCLUDING GST

Source text: ID:nBSE7B8SBl

Further company coverage: ABDL.NS

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** Shares of Ashoka Buildcon ABDL.NS rise 4.51% to 195 rupees

** Highway developer is thelowest bidder for a Central Railway project, with bid value of 5.68 bln rupees ($66.40 mln), excluding tax

** Including session's gains, ABDL shares up 15.5% in the last 12 months

(Reporting by Ananta Agarwal in Bengaluru)

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April 11 (Reuters) - Ashoka Buildcon Ltd ABDL.NS:

• SELLS 100% STAKE IN 16 SUBSIDIARIES

• CONSIDERATION RECEIVED AGGREGATES TO 800,000 RUPEES

Source text: ID:nBSE70T1TQ

Further company coverage: ABDL.NS

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March 27 (Reuters) - Ashoka Buildcon Ltd ABDL.NS:

• ISSUES COMMERCIAL PAPERS OF 500 MILLION RUPEES

Source text: ID:nBSE76Kv6T

Further company coverage: ABDL.NS

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March 20 (Reuters) - Ashoka Buildcon Ltd ABDL.NS:

• ASHOKA BUILDCON - REAPPOINTS SATISH PARAKH AS MD

Source text: [ID:]

Further company coverage: ABDL.NS

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** Shares of G R Infraprojects GINF.NS surge 10.6% to 1041 rupees, their second-biggest one-day gain

** Engineering and construction co wins project worth about 42.63 billion rupees ($492.2 million) from National Highways Authority of India for road construction

** More than 832,000 shares traded, 7.5x the 30-day avg

** Still, stock is below 50-, 100-, 200- day moving avgs

** Avg of analysts rating on stock is "buy," same as that on peers Ashoka Buildcon ABDL.NS, KNR Constructions KNRL.NS; median PT on GINF is 1508 rupees - data compiled by LSEG

** Stock down 30% so far this year, after a 28.6% rise in 2024

($1 = 86.6080 Indian rupees)

(Reporting by Aleef Jahan in Bengaluru)

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March 10 (Reuters) - Ashoka Buildcon Ltd ABDL.NS:

• ASHOKA BUILDCON LTD - RECEIVES LETTER OF ACCEPTANCE FOR MSETCL PROJECT

• ASHOKA BUILDCON LTD - ACCEPTED BID PRICE FOR PROJECT IS 3.12 BILLION RUPEES INCLUDING GST

Source text: ID:nBSEHzyMZ

Further company coverage: ABDL.NS

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March 4 (Reuters) - Ashoka Buildcon Ltd ABDL.NS:

• GETS PROVISIONAL CERTIFICATE (COD) FOR NHAI PROJECT

Source text: ID:nBSE2nFy1F

Further company coverage: ABDL.NS

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Feb 10 (Reuters) - Ashoka Buildcon Ltd ABDL.NS:

• ASHOKA BUILDCON DEC-QUARTER CONSOL NET PROFIT 6.55 BILLION RUPEES

• ASHOKA BUILDCON DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 23.88 BILLION RUPEES

Source text: ID:nBSEkM40H

Further company coverage: ABDL.NS

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** Shares of Ashoka Buildcon ABDL.NS rise 3.5% to 287.80 rupees

** The construction co's unit executes concession agreement with National Highways Authority of India for project worth 13.91 bln rupees ($162.3 mln)

** Project is for making 4-lane section of National Highway-116A in West Bengal under hybrid annuity mode

** ABDL stock more than doubled in 2024

($1 = 85.7280 Indian rupees)

(Reporting by Vijay Malkar)

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Jan 6 (Reuters) - Ashoka Buildcon Ltd ABDL.NS:

• ASHOKA BUILDCON LTD - EXECUTES CONCESSION AGREEMENT WITH NHAI

• ASHOKA BUILDCON - PROJECT COST ACCEPTED AT 13.91 BILLION RUPEES

Source text: ID:nBSE9NZqB0

Further company coverage: ABDL.NS

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