ASHOKA

March 20 (Reuters) - Ashoka Buildcon Ltd ABDL.NS:

• ASHOKA BUILDCON - REAPPOINTS SATISH PARAKH AS MD

Source text: [ID:]

Further company coverage: ABDL.NS

(([email protected];;))

** Shares of G R Infraprojects GINF.NS surge 10.6% to 1041 rupees, their second-biggest one-day gain

** Engineering and construction co wins project worth about 42.63 billion rupees ($492.2 million) from National Highways Authority of India for road construction

** More than 832,000 shares traded, 7.5x the 30-day avg

** Still, stock is below 50-, 100-, 200- day moving avgs

** Avg of analysts rating on stock is "buy," same as that on peers Ashoka Buildcon ABDL.NS, KNR Constructions KNRL.NS; median PT on GINF is 1508 rupees - data compiled by LSEG

** Stock down 30% so far this year, after a 28.6% rise in 2024

($1 = 86.6080 Indian rupees)

(Reporting by Aleef Jahan in Bengaluru)

(([email protected]))

March 10 (Reuters) - Ashoka Buildcon Ltd ABDL.NS:

• ASHOKA BUILDCON LTD - RECEIVES LETTER OF ACCEPTANCE FOR MSETCL PROJECT

• ASHOKA BUILDCON LTD - ACCEPTED BID PRICE FOR PROJECT IS 3.12 BILLION RUPEES INCLUDING GST

Source text: ID:nBSEHzyMZ

Further company coverage: ABDL.NS

(([email protected];))

March 4 (Reuters) - Ashoka Buildcon Ltd ABDL.NS:

• GETS PROVISIONAL CERTIFICATE (COD) FOR NHAI PROJECT

Source text: ID:nBSE2nFy1F

Further company coverage: ABDL.NS

(([email protected];;))

Feb 10 (Reuters) - Ashoka Buildcon Ltd ABDL.NS:

• ASHOKA BUILDCON DEC-QUARTER CONSOL NET PROFIT 6.55 BILLION RUPEES

• ASHOKA BUILDCON DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 23.88 BILLION RUPEES

Source text: ID:nBSEkM40H

Further company coverage: ABDL.NS

(([email protected];))

** Shares of Ashoka Buildcon ABDL.NS rise 3.5% to 287.80 rupees

** The construction co's unit executes concession agreement with National Highways Authority of India for project worth 13.91 bln rupees ($162.3 mln)

** Project is for making 4-lane section of National Highway-116A in West Bengal under hybrid annuity mode

** ABDL stock more than doubled in 2024

($1 = 85.7280 Indian rupees)

(Reporting by Vijay Malkar)

(([email protected];))

Jan 6 (Reuters) - Ashoka Buildcon Ltd ABDL.NS:

• ASHOKA BUILDCON LTD - EXECUTES CONCESSION AGREEMENT WITH NHAI

• ASHOKA BUILDCON - PROJECT COST ACCEPTED AT 13.91 BILLION RUPEES

Source text: ID:nBSE9NZqB0

Further company coverage: ABDL.NS

(([email protected];))

** HG Infra Engineering HGIN.NS rises 4.6% to 1,520.8 rupees

** Construction and engineering co gets letter of award from Ministry Of Road Transport And Highways to improve and upgrade a national highway

** Bid worth 8.99 bln rupees (~$106 mln)

** Stock rated "strong buy" on avg; median PT is 1,779 rupees - LSEG

** HGIN up 75% YTD vs rival Ashoka Buildcon's ABDL.NS two-fold surge and PNC Infratech's PNCI.NS 12% fall

($1 = 84.8590 Indian rupees)

(Reporting by Ashna Teresa Britto in Bengaluru)

(([email protected]))

** HG Infra Engineering HGIN.NS adds 2% to 1,357.50 rupees

** Co gets project from Gujarat Urja Vikas Nigam to set up 250MW/500 MWH battery energy storage system in the western state

** HGIN did not disclose any financial details

** Stock rated "strong buy" on avg vs peers PNC Infratech PNCI.NS and Ashoka Buildcon's ABDL.NS "buy" rating - LSEG

** HGIN's median PT is 1,779 rupees

** YTD, stock up ~60% vs ABDL's ~83% gain; PNCI down 17%

(Reporting by Dimpal Gulwani in Bengaluru)

(([email protected]))

Nov 29 (Reuters) - Ashoka Buildcon Ltd ABDL.NS:

• SIGNED AN AGREEMENT FOR PROJECT WORTH 10.55 BILLION RUPEES

• SIGNED AN AGREEMENT FOR PROJECT WITH BANGLORE INTERNATIONAL AIRPORT

Source text: ID:nNSE3rbM77

Further company coverage: ABDL.NS

(([email protected];;))

** Shares of highway developer Ashoka Buildcon ABDL.NS rise as much as 3.3% to 242.8 rupees

** Highway developer wins an engineering, procurement and construction project worth 1.93 bln rupees ($22.9 mln) from Madhya Pradesh Poorv Kshetra Vidyut Vitaran Company

** ABDL has been above its 200-day SMA since July 2023, indicating bullish sentiment

** Avg rating of nine analysts covering the stock is "buy" and median PT is 253 rupees, ~5% higher than current price - LSEG data

** ABDL last up 2%, extending YTD gains to ~72%

($1 = 84.4630 Indian rupees)

(Reporting by Anuran Sadhu in Bengaluru)

(([email protected]; +91 8697274436;))

** Shares of highway developer Ashoka Buildcon ABDL.NS down 2.49% to 235.2 rupees

** Co says its bid for the Kharagpur to Chandrakona-Ghatal road crossing was cancelled by the National Highway Authority of India (NHAI) for administrative reasons

** Co had submitted bids for two projects to NHAI totalling 27.91 bln rupees ($330.6 mln) on Nov. 18

** Trading vols are at 2.5 mln shares, 1.2x the 30-day avg

** Of nine brokerages covering the stock, five rate it 'buy' or 'strong buy', 3 'hold' and 1 'sell' - LSEG data

** Stock has gained ~69% YTD

($1 = 84.4250 Indian rupees)

(Reporting by Ananta Agarwal in Bengaluru)

(([email protected]))

** Shares of Ashoka Buildcon ABDL.NS rise about 4% to 242.62 rupees

** Highway developer gets National Highways Authority of India contract for project costing 13.91 bln rupees ($165 mln)

** Nearly 2 mln shares traded by 9:37 a.m. IST, just shy of 30-day daily avg

** Nine analysts' avg rating on ABDL is "buy"; median PT is 253 rupees - LSEG data

** ABDL has jumped ~74% YTD, topping last year's 55% gain and set for best year since 2014

($1 = 84.2480 Indian rupees)

(Reporting by Meenakshi Maidas in Bengaluru)

(([email protected];))

Nov 25 (Reuters) - Ashoka Buildcon Ltd ABDL.NS:

• ASHOKA BUILDCON - GOT LOA FOR NHAI PROJECT WORTH 13.91 BILLION RUPEES

Source text: ID:nNSE7kZDS0

Further company coverage: ABDL.NS

(([email protected];))

** Shares of Ashoka Buildcon ABDL.NS rise as much as 7%

** Construction co declared lowest bidder at 27.91 bln rupees ($330.7 mln) for two projects of the National Highways Authority of India in the eastern state of West Bengal

** ABDL set to snap two sessions of losses; on track to rise for seventh straight quarter

** Stock has been above its 200-day SMA since July 2023, indicating bullish sentiment

** ABDL rated "buy" on avg; median PT is 253 rupees, ~6% higher than current price of 245 rupees - LSEG

** Stock last up 4.4%, extending YTD gains to ~72%

($1 = 84.3950 Indian rupees)

(Reporting by Anuran Sadhu in Bengaluru)

(([email protected]; +91 8697274436;))

Nov 18 (Reuters) - Ashoka Buildcon Ltd ABDL.NS:

• DECLARED AS LOWEST BIDDER FOR PROJECTS

• DECLARED AS LOWEST BIDDER FOR TWO PROJECTS WITH BID PRICE OF 27.91 BILLION RUPEES

Source text: ID:nNSE6TCMPx

Further company coverage: ABDL.NS

(([email protected];;))

** Shares of Ashoka Buildcon ABDL.NS rise 2.7% to 230.94 rupees apiece

** Construction company posts qtrly net profit that more than quadrupled year-on-year to 4.57 bln rupees ($54.16 mln)

** Qtrly revenue from operations rise 16% Y/Y to 24.89 bln rupees

** Stock down about 4% in 2024 so far

($1 = 84.3730 Indian rupees)

(Reporting by Bharath Rajeswaran in Bengaluru)

(([email protected]; +91 9769003463;))

Nov 12 (Reuters) - Ashoka Buildcon Ltd ABDL.NS:

• SEPT-QUARTER CONSOL NET PROFIT 4.57 BILLION RUPEES

• SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 24.89 BILLION RUPEES

Source text: ID:nBSE87nyD6

Further company coverage: ABDL.NS

(([email protected];;))

Nov 1 (Reuters) - Ashoka Buildcon Ltd ABDL.NS:

• L1 FOR MAHARASHTRA STATE ELECTRICITY TRANSMISSION CO. LTD. (MSETCL) PROJECT

• QUOTED BID PRICE FOR PROJECT IS 3.12 BILLION RUPEES

Source text: ID:nNSE2zTXNn

Further company coverage: ABDL.NS

(([email protected];;))

** Shares of construction and engineering co PNC Infratech PNCI.NS rise 5.1% to 469 rupees

** Co received two orders worth 22.68 bln rupees ($270 mln) and 23.62 bln rupees, respectively

** Both orders are for construction and engineering purposes from Maharashtra State Road Development Corp

** Fifteen analysts covering stock on avg have a "buy" rating; median PT is 563 rupees - LSEG data

** Stock up 28% YTD up to last close vs a 74% and 84% gain, respectively, for HG Infra Engineering HGIN.NS and Ashoka Buildcon ABDL.NS

($1 = 84.0630 Indian rupees)

(Reporting by Ashna Teresa Britto in Bengaluru)

(([email protected] ; ( +91 8078332441))

Oct 15 (Reuters) - Ashoka Buildcon Ltd ABDL.NS:

• ASHOKA BUILDCON LTD - GETS ORDER WORTH 11.27 BILLION RUPEES

Source text for Eikon: [ID:]

Further company coverage: ABDL.NS

(([email protected];))

** Shares of Ashoka Buildcon Ltd ABDL.NS jump 7.4% to 270.48 rupees

** The infrastructure developer gets letters accepting bids for three different projects

** ABDL and its joint ventures placed bids worth a combined 39.83 bln rupees ($474 mln) for the projects

** Stock rises as much as 8.2%

** Over 4.5 mln shares traded, 1.7x 30-day avg volume

** Stock has gained 92% so far this year

($1 = 84.0650 Indian rupees)

(Reporting by Nandan Mandayam in Bengaluru)

(([email protected]; Mobile: +91 9591011727;))

Oct 11 (Reuters) - Ashoka Buildcon Ltd ABDL.NS:

• ASHOKA BUILDCON LTD - GETS ORDER WORTH 9.18 BILLION RUPEES

Source text for Eikon: ID:nnAZN2E1L89

Further company coverage: ABDL.NS

(([email protected];))

** Shares of Ashoka Buildcon ABDL.NS rise as much as 3.9% to 249 rupees

** The construction co, as the lead member of a joint venture, wins project worth 16.68 bln rupees ($198.7 mln)

** Stock eyes a second weekly gain, if trend holds

** YTD, Ashoka Buildcon stock has gained ~78%

($1 = 83.9620 Indian rupees)

(Reporting by Yagnoseni Das in Bengaluru)

(([email protected];))

** Ashoka Buildcon ABDL.NS rises 3.7% to 245.2 rupees, bucking wider weakness

** Construction co gets orders worth 17.38 bln rupees ($207 mln) from Mumbai Metropolitan Region Development Authority for the construction of creek bridge and road

** Around 3.6 mln shares traded vs 30-day avg of 2.2 mln shares

** Broader markets decline on broad-based selling as Mideast conflict intensifies .BO

** YTD, ABDL gains ~76% vs peer Dilip Buildcon's DIBL.NS 37% rise

($1 = 83.9290 Indian rupees)

(Reporting by Hritam Mukherjee in Bengaluru)

(([email protected];))

Oct 2 (Reuters) - Ashoka Buildcon Ltd ABDL.NS:

• ASHOKA BUILDCON - GOT ORDER WORTH 4.74 BILLION RUPEES FROM MMRDA

Further company coverage: ABDL.NS

(([email protected];))

Ashoka Buildcon Ltd ABDL.NS:

• ASHOKA BUILDCON LTD- ISSUED COMMERCIAL PAPERS OF 500 MILLION RUPEES

Source text for Eikon: ID:nBSE8GzxKx

Further company coverage: ABDL.NS

** Shares of Ashoka Buildcon ABDL.NS rise 4.5% to 243.2 rupees

** Co won order worth 4.78 bln rupees ($57 mln) from Mumbai Metropolitan Region Development Authority

** Stock fell 0.6% last week, its fourth straight weekly decline

** Peer KEC International KECL.NS is also up on the day on winning orders

** ABDL up ~75% YTD vs 49% rise in KECL

($1 = 83.8210 Indian rupees)

(Reporting by Varun Vyas in Bengaluru)

(([email protected]))

** Shares of Ashoka Buildcon ABDL.NS surges 13.8% to a record high of 212 rupees

** Fellow highway maker IRB Infrastructure IRBI.NS jumps 7% on reporting over 30% rise in toll collection for May

** ABDL last up ~12%, set for best one-day rise since Jan 9 and taking YTD gains to ~50%

** Trading vol tops 11 mln shares for first time since Jan 9

** IRB and Ashok Buildcon expected to benefit from 3%-5% hike in road toll charges from last Monday

(Reporting by Anuran Sadhu in Bengaluru)

(([email protected] ;))

June 6 (Reuters) - Ashoka Buildcon Ltd ABDL.NS:

• EXECUTED EPC AGREEMENT WITH SERNEKE INTERNATIONAL GROUP AB, SWEDEN

Further company coverage: ABDL.NS

(([email protected];))