India's Ashoka Buildcon rises on 17.38 bln-rupee order wins

Ashoka Buildcon

03/10/2024 06:18

** Ashoka Buildcon  ABDL.NS  rises 3.7% to 245.2 rupees,
bucking wider weakness
    ** Construction co gets orders worth 17.38 bln rupees ($207
mln) from Mumbai Metropolitan Region Development Authority for
the construction of creek bridge and road
        ** Around 3.6 mln shares traded vs 30-day avg of 2.2 mln
shares
  
    ** Broader markets decline on broad-based selling as Mideast
conflict intensifies  .BO 
    ** YTD, ABDL gains ~76% vs peer Dilip Buildcon's  DIBL.NS 
37% rise

($1 = 83.9290 Indian rupees)

 (Reporting by Hritam Mukherjee in Bengaluru)
 ((Hritam.Mukherjee@thomsonreuters.com;))