Ashoka Buildcon climbed on December 26th Wednesday after the company and GVR infra Projects,as consortium have emerged as the lowest bidder in its bid for the Tamil Nadu Road Development Company project.
The project entails development of Chennai Outer Ring Road Phase II from Nemilicheri in NH 205 to Minjur in Thiruvottiyur to Ponneri to Panchetti Road on design,build,finance,operate and transfer basis at Chennai,Tamil Nadu.
Share Price Movement
PeriodPriceGain/(Loss)
Change
1 Week206.6-6.85-3.32
1 Month205-5.3-2.59
3 Months226.9-27.2-12
6 Months212.5-12.8-6
1 Year18514.77.95
Source:
http://www.steelguru.com/indian_news/Ashoka_Buildcon_up_after_consortium_emerges_as_lowest_bidder_for_INR_985_billion_project/296613.html
