India's Ashoka Buildcon gains after winning multiple contracts

Ashoka Buildcon

06/06/2025 05:24

** Shares of Ashoka Buildcon ABDL.NS rise 2.5% to 224.3 rupees

** Construction co wins multiple contracts worth up to 13.87 billion rupees ($161.7 million) from Maharashtra govt body for design of traffic management systems

** Avg rating on stock is "buy"; median PT is 248 rupees - data compiled by LSEG

** Stock down 27.8% YTD

($1 = 85.7640 Indian rupees)

 (Reporting by Aleef Jahan in Bengaluru)

 ((aleefjahan.cs@thomsonreuters.com))