Ashoka Buildcon Rallies on Big Urban Infrastructure Order Win

As on 15 Dec 2025,

stock jumped over 2% till around 2:30 PM, reacting positively to a major project announcement. The Ashoka–Aakshaya Joint Venture, where Ashoka Buildcon holds a 51% stake, received a Letter of Acceptance-cum-work order worth ₹1,041.44 crore from the Brihanmumbai Municipal Corporation (BMC). The project involves construction of a flyover connecting J J Bridge and Sitaram Selam Bridge (Y Bridge) at the J J Road and Saboo Siddik Polytechnic Road junction in E Ward. The development highlights Ashoka Buildcon’s continued traction in urban infrastructure projects and strengthens its order inflow visibility. 📌 Disclaimer: This content is for information only and not investment advice. Investments in securities market are subject to market risks. Read all the related documents carefully before investing. AI may have been used for grammatical and sentence-structure refinement. Please consult a SEBI-registered advisor before making any investment decisions.