Ashoka Buildcon arm receives COD for NHAI HAM road project in Karnataka

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Price reactionminutes from the announcement price · days from the prior close

+2.9%Reaction day

₹102.18

prior close

₹105.00

announcement price

After-mkt

timing

Nifty Microcap 250market+0.8%+2.0% vs market

Civil Construction peers, median of 96sector+0.4%+2.5% vs sector

On the reaction day the stock moved 2.0 pts more than Nifty Microcap 250 and 2.5 pts more than its Civil Construction peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+2.8

10m

+2.5

15m

+1.4

30m

+0.3

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+2.9+0.8+2.0+0.4+2.5

Next day

+4.2+1.0+3.1+0.8+3.4

+3.8+1.7+2.1+1.3+2.6

+2.8+0.1+2.7+0.6+2.2

+2.8+0.8+2.0+0.8+2.0

+0.6-0.9+1.5-1.0+1.6

-1.2-4.5+3.2-5.3+4.1

15d

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UpDownMarket · Nifty Microcap 250Sector · Civil Construction peers, median of 96Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Ashoka Buildcon's 100% subsidiary Ashoka Bettadahalli Shivamogga Road has received the Commercial Operation Date for its NHAI Hybrid Annuity road project in Karnataka from October 7, 2026. The project covers 45.05 km of main carriageway and 27.02 km of service road out of 50.975 km total stretch. The SPV is now eligible for semi-annual annuity payments from NHAI over 15 years.

Likely market impact

Project completion unlocks a 15-year annuity revenue stream, boosting earnings visibility for the highway construction business.