Announced Fri, 24 Apr · 12:58 IST
Ashoka Buildcon wins USD 72.36 mn power distribution contract in Angola
Export Order Hard CurrencyOrder Above 5pct RevenueGovt Defence OrderBusiness Updates View source PDF
ASHOKA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+0.6%1-day move
₹136.00
prior close
₹133.73
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.4+0.1-0.3-0.0+0.6+1.0-0.7-1.5-0.6+1.8-7.9-9.6-1.2-11.3
Up moveDown movePending
AI summary
Ashoka Buildcon has received a Letter of Contract Acceptance from the Ministry of Energy and Water, Republic of Angola, for the Electricity Sector Improvement and Access Project. The scope covers design, supply, installation, and commissioning of rehabilitation of distribution networks for Lot 5 in Luanda City 2. Contract value is USD 72.36 million (approx. ₹600 crore), to be executed in 24 months. It is an international order with no related party involvement.
Likely market impact
Strengthens order book and international footprint; positive diversification signal into African infrastructure markets.