Ashoka Buildcon wins Rs 307.71 Cr bridge contract from PWD Daman

Government or defence orderBusiness Updates View source PDF Explain this filing

ASHOKA · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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

+0.3%Reaction day

₹144.50

prior close

₹150.00

announcement price

After-mkt

timing

Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)-2.1%+2.5% vs market

Civil Construction peers, median of 95sector-2.0%+2.3% vs sector

On the reaction day the stock moved 2.5 pts more than Nifty Microcap 250 and 2.3 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

-2.2

10m

-2.0

15m

-2.2

30m

-1.9

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.3-2.1+2.5-2.0+2.3

Next day

-0.1-2.0+1.9-1.7+1.6

+2.1-0.0+2.2-0.2+2.3

+0.2-0.4+0.6-1.6+1.8

+3.8+1.4+2.4-0.6+4.4

+2.9+0.1+2.8-1.8+4.7

+7.3+5.2+2.1+1.5+5.8

15d

+2.6+3.7-1.1+0.7+1.8

-0.4+3.5-3.9-2.2+1.7

-26.6-9.4-17.3-14.4-12.3

-5.9+9.0-14.9+3.5-9.4

UpDownMarket · Nifty Microcap 250Sector · Civil Construction peers, median of 95Pending

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

AI summary

Ashoka Buildcon has received a Letter of Acceptance from the Public Works Department in Daman for constructing a signature bridge connecting Jampore Sea Front road near Light House to Devka Sea Front road at Parkota Sheri. The project is worth Rs 307.71 Crore excluding GST, on a Design, Build and Operate basis, with a 30 month execution timeline.

Likely market impact

Positive: strengthens order book with a sizeable domestic government contract, improving near term revenue visibility.