Ashoka Buildcon’s shares gained attention after securing EPC contracts worth Rs 1,738 crore. Key projects include an elevated road in Mumbai and two creek bridges. The company’s Q1 FY25 standalone net profit grew by 148% with a 22% YoY income rise. Shares have surged 73% in 2024, with a market cap of Rs 6,646 crore.
ETMarkets Smart Talk | Is gold the new growth asset? 3 reasons why yellow metal rose 28% in 4 months: Ajit Banerjee
We are all aware markets do not like uncertainty of any type, and by nature, it is forward-looking. Hence, it reacts either positively or negatively