+
 Ashoka Buildcon emerges L-1 bidder for railway project of 692.50 cr
RAILWAYS & METRO RAIL

Ashoka Buildcon emerges L-1 bidder for railway project of 692.50 cr

Ashoka Buildcon Limited has submitted a bid to North Frontier Railway for the project, electrification of railway lines of the sections Rangiya to Murkongselek and emerged as the lowest bidder (L-1) for the railway project, quoted a bid value of Rs 692.50 crore.

These include branch lines of Rangapara North to Dekargaon, Balipara to Bhalukpong, Harmuty to Naharlagun, Sripani to Dhamalgaon, Furkating Junction to Mariani Junction and Tinsukia to Dangri Section, including branch line of Makum Junction to Tirap, Northeast Frontier Railway route kilometre or tonne kilometre of 733.35 or 947.59, respectively on Engineering, Procurement and Construction (EPC) mode in Assam.

The shares of Ashoka Buildcon Limited traded in the Bombay Stock Exchange (BSE) at Rs. 94.25 per unit, compared to the previous close of Rs 96.30 per unit. The company's total number of shares traded during the day was 81,809 in over 1,439 trades.

The stock witnessed an intraday high of Rs 96.10 per unit and an intraday low of 93.55 per unit. Its net turnover during the day was Rs 77,67,104.

Image Source

Also read: Ashoka Buildcon becomes lowest bidder for Rs 829 cr road project

Ashoka Buildcon Limited has submitted a bid to North Frontier Railway for the project, electrification of railway lines of the sections Rangiya to Murkongselek and emerged as the lowest bidder (L-1) for the railway project, quoted a bid value of Rs 692.50 crore. These include branch lines of Rangapara North to Dekargaon, Balipara to Bhalukpong, Harmuty to Naharlagun, Sripani to Dhamalgaon, Furkating Junction to Mariani Junction and Tinsukia to Dangri Section, including branch line of Makum Junction to Tirap, Northeast Frontier Railway route kilometre or tonne kilometre of 733.35 or 947.59, respectively on Engineering, Procurement and Construction (EPC) mode in Assam. The shares of Ashoka Buildcon Limited traded in the Bombay Stock Exchange (BSE) at Rs. 94.25 per unit, compared to the previous close of Rs 96.30 per unit. The company's total number of shares traded during the day was 81,809 in over 1,439 trades. The stock witnessed an intraday high of Rs 96.10 per unit and an intraday low of 93.55 per unit. Its net turnover during the day was Rs 77,67,104. Image Source Also read: Ashoka Buildcon becomes lowest bidder for Rs 829 cr road project

Next Story
Real Estate

Heena Lalwani Buys Rs 1.13 Billion Juhu Apartment

Heena Lalwani, promoter of Aatman Innovations Private Limited, has purchased a luxury apartment worth Rs 1.13 billion in Mumbai’s upscale Juhu locality, according to property registration documents accessed by Zapkey.com.The 9,862 sq ft apartment, located on the 10th floor of Lodha Developers’ Avalon Tower, was acquired at Rs 115,000 per sq ft and comes with five car parking spaces. The deal, registered on 18 August 2025, also included the payment of Rs 68 million in stamp duty and a Rs 30,000 registration fee.Lodha Developers did not respond to queries regarding the transaction, while the..

Next Story
Real Estate

Godrej Buys KPHB Land for Rs 7 Billion in E-Auction

An acre of prime land in Kukatpally Housing Board (KPHB), Hyderabad, was auctioned for Rs 7 billion, with the Telangana Housing Board generating Rs 5.47 billion from the sale of 7.8 acres through e-auction on 20 August 2025.The auction notification was issued last month, attracting bids from Godrej Properties, Aurobindo Realty, Prestige Estates, and Ashoka Builders, according to Board vice-chairman V.P. Gautham. With an offset price of Rs 4 billion per acre, the three-hour auction saw 46 bid increases, before Godrej Properties acquired the land.Revenue generated from the auction will be utilis..

Next Story
Real Estate

HMDA to Auction 93 Prime Plots in September

The Hyderabad Metropolitan Development Authority (HMDA) is preparing to conduct a three-day auction of prime open plots across Hyderabad, Rangareddy, and Medchal-Malkajgiri districts this September.According to official reports, the e-auction will take place on 17, 18, and 19 September, offering 93 plots. Of these, 70 are located in the Bachupally HMDA layout, with the remainder spread across Turkayamjal, Kokapet, Poppalguda, Chandanagar, Bairagiguda, Gandi Maisamma, Suraram, Medipally, and Bachupally village.The highest upset price has been fixed at Rs 175,000 per square yard for a land parce..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?