New EPC bridge order worth Rs 241.93 Crore in Bihar

Govt Defence OrderBusiness Updates View source PDF Explain this filing

ASHOKA · price

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

+5.0%Reaction day

₹156.10

prior close

₹156.54

announcement price

After-mkt

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Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)+2.6%+2.5% vs market

Civil Construction peers, median of 97sector+2.2%+2.8% vs sector

On the reaction day the stock moved 2.5 pts more than Nifty Microcap 250 and 2.8 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.

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Reaction day

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Next day

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UpDownMarket · Nifty Microcap 250Sector · Civil Construction peers, median of 97Pending

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

AI summary

Ashoka Buildcon, in a 51 percent JV with Aakshya Infra, has received a Letter of Acceptance from Bihar Rajya Pul Nirman Nigam Limited for construction of a 2,280 meter H.L.R.C.C. bridge over River Gandak in Muzaffarpur district on EPC mode. The company share is Rs 241.93 Crore including GST out of total Rs 474.38 Crore. Execution period is 30 months.

Likely market impact

Positive - new order adds Rs 241.93 Crore to order book, strengthening revenue visibility over 30 months.