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NSE:ASHOKA

3 stories mentioning NSE:ASHOKAUpdated 24d ago

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Asia

Ashoka Buildcon's Consolidated Profit Falls in Fiscal Q4; Shares Fall 4%

Ashoka Buildcon (NSE:ASHOKA, BOM:533271) said its consolidated profit attributable to the owners fell to 1.43 billion Indian rupees in the fiscal fourth quarter from 4.32 billion rupees a year ago, according to a Thursday filing on Indian bourses.The company's shares fell over 4% in Friday's trade.Earnings per share for the quarter ended March 31 contracted to 5.51 rupees from 15.40 rupees a year earlier.Revenue from operations of the construction company increased also declined to 19.5 billion rupees from 26.9 billion rupees, the filing said.

BOM:533271NSE:ASHOKA
Asia

Ashoka Buildcon Receives Letter of Acceptance for Contract Worth $72.4 Million in Angloa

Ashoka Buildcon (NSE:ASHOKA, BOM:533271) has received a letter of contract acceptance for an order worth $72.4 millionfrom the Ministry of Energy and Water, the Republic of Angola, for the electricity sector improvement, according to a Friday filing to the Indian stock exchanges.The contract is for the design, supply, installation, and commissioning of the rehabilitation of electricity distribution networks for Lot 5 in Luanda City in the Republic of Angola.The project is expected to be completed in 24 months.The company's shares were down 2% in recent trade.

BOM:533271NSE:ASHOKA
Asia

Ashoka Buildcon Raises INR1 Billion Through Issue of Commercial Papers

Ashoka Buildcon (NSE:ASHOKA, BOM:533271) has raised 1 billion Indian rupees by issuing commercial papers at a coupon rate of 7.25%, according to a Thursday filing to the Indian stock exchanges.The commercial papers will mature on July 14 and will be listed on BSE, the filing said.

BOM:533271NSE:ASHOKA

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