Ashoka Buildcon Secures ₹602 Cr Rail Project Order

: The company has secured a significant ₹602.16 crore order, including GST, from Rail Vikas Nigam Limited (RVNL) for Package-3 of the Rishikesh–Karnprayag New BG Rail Line Project in Uttarakhand. The scope covers the supply, erection, testing and commissioning of electro-mechanical systems for tunnels T-13, T-14, T-15 and T-16. The project includes 33/11 kV and 11/0.433 kV GIS substations, HT and LT cables, DG sets, lighting, UPS systems, ventilation and fire-fighting systems. The order strengthens Ashoka Buildcon’s presence in railway infrastructure and adds to its order book and future revenue visibility. Stock Commentary: Positive; the ₹602.16 crore order strengthens Ashoka Buildcon’s railway infrastructure portfolio and provides additional revenue visibility. The project’s specialised electro-mechanical scope also highlights the company’s capabilities in complex rail and tunnel infrastructure. Execution remains the key monitorable. Impact: Positive