Ashoka Buildcon Secures ?3,983 Crore Projects

18 Oct 2024 CW Team

Ashoka Buildcon Ltd., a leading infrastructure development company, has secured projects worth ?3,983 crore, leading to a positive response in the capital markets. These projects, which cover sectors such as road construction and power transmission, add to the company's robust portfolio and further cement its reputation in the infrastructure space.

The company received letters of intent for the construction of roadways and highways, a sector in which it has consistently delivered high-quality work. The successful acquisition of these projects showcases Ashoka Buildcon's growing influence and competitiveness in the Indian infrastructure market. In addition to road development, the company has also won contracts in the power transmission sector, diversifying its project base and enhancing its growth prospects.

The announcement of these projects has sparked investor interest, with Ashoka Buildcon’s stock seeing gains in the capital market. The projects align with India’s broader infrastructure growth plans, contributing to national development goals while boosting the company’s financial performance.

Ashoka Buildcon’s ability to secure large-scale contracts demonstrates its operational expertise and financial health. The company’s strategic focus on expanding its infrastructure footprint across various sectors is expected to drive future growth, as India continues to invest heavily in roadways, transportation, and energy infrastructure.

By bagging these ?3,983 crore worth of contracts, Ashoka Buildcon strengthens its leadership position in the infrastructure sector and showcases its potential for consistent and sustained business expansion. Investors are optimistic about the company's growth trajectory, given the increased project pipeline and potential for higher revenue in the coming quarters.

Building Material

11 Dec 2025

Suraj Estate Wins Euromoney Award for India’s Best Residential Developer

"Suraj Estate Developers Limited has received the Euromoney Real Estate Award 2025 for ‘India’s Best Residential Developer’, positioning the company among globally benchmarked leaders in the sector. The recognition reflects its four-decade legacy in delivering high-quality residential and redevelopment-led projects across South Central Mumbai. The Euromoney Real Estate Awards, presented by the London-based Euromoney magazine, are widely regarded as one of the most credible global assessments of performance in real estate, banking and finance. Winners are selected through surveys of inte..

Lloyds Metals, Tata Steel Sign MoU to Explore Strategic Collaboration

"Lloyds Metals and Energy Limited has signed a non-binding Memorandum of Understanding with Tata Steel Limited to evaluate potential areas of strategic cooperation across mining, logistics, pelletisation and steelmaking. The MoU was signed by B Prabhakaran, Managing Director of Lloyds Metals, and Mr T V Narendran, CEO and Managing Director of Tata Steel. The partnership framework aims to leverage the natural operational synergies between both companies and assess opportunities in greenfield steel projects, iron ore mining, slurry pipeline infrastructure, pellet manufacturing in iron ore–ric..

IndiaAI, Gujarat Govt Host Regional Conclave Ahead of 2026 AI Summit

The IndiaAI Mission under the Ministry of Electronics and Information Technology, along with the Government of Gujarat and IIT Gandhinagar, convened a Regional Pre-Summit Event at Mahatma Mandir, Gandhinagar. The initiative is part of the build-up to the India–AI Impact Summit 2026, scheduled for 15–20 February 2026 at Bharat Mandapam, New Delhi. The conclave brought together senior policymakers, technology leaders, researchers and industry practitioners to examine how AI can accelerate economic, digital and social transformation across sectors. The programme focused on the overarching th..