Ashoka Buildcon’s shares rose 5% after securing a Rs 1,391 crore road project in West Bengal from NHAI. The project, part of a four-lane economic corridor, is expected to be completed within 910 days. The company recently reported a significant jump in Q2 FY25 profits, with net profit surging 334% YoY.
How 90% IPOs in August beat volatile India market to return up to 72% after listing
In August, a majority of newly listed IPOs saw a successful debut, outpacing the broader market. Approximately ninety percent of these listings are still trading