Ashoka Concessions Emerged As The Lowest Bidder At The Financial Bid

Shares of Ashoka Buildcon gained 7.4 percent in the early trade on Thursday as the company emerged as lowest bidder for the project in the state of Jharkhand.

The company's subsidiary Ashoka Concessions had submitted its bid to National Highways Authority of India for the project of six laning of Khairatunda to Barwa Adda section of NH-2 in the state of Jharkhand under NHDP Phase-V on hybrid annuity mode.

Ashoka Concessions emerged as the lowest bidder at the financial bid opening meeting held on February 28, 2018 at New Delhi.

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