India's Ashoka Buildcon falls on quarterly profit slump

Ashoka Buildcon

17/11/2025 06:14

** Shares of Ashoka Buildcon ABDL.NS fall 5% to 188.8 rupees, their lowest point since October 24

** Stock hits its biggest intraday percentage loss since March 10

** The construction firm posts a nearly 83% y/y decline in September-quarter consol net profit; revenue from ops drops 25.6% y/y

** More than 1.6 million shares change hands, 1.9x of 30-day avg

** ABDL rated "buy" by eight analysts on average; median target price is 216 rupees – data compiled by LSEG

** Stock down 39.3%, YTD

 (Reporting by Rudra Pratap Singh in Bengaluru)

 ((rudrapratap.singh@thomsonreuters.com))