Support and Resistance Levels
Past performance
About Ashoka Buildcon Ltd Ashoka Buildcon Ltd, established in 1993, is a prominent infrastructure development company in India, focusing on Engineering, Procurement and Construction (EPC), and Build, Operate, Transfer (BOT) models. The company operates across four main divisions: BOT, EPC, Ready Mix Concrete (RMC) and Bitumen, and Toll Collection Contracts. It constructs roads, bridges, power distribution networks, and commercial buildings, leveraging a robust fleet of construction equipment. Their RMC division supports EPC projects with 14 plants and 86 transit trucks. Internationally, Ashoka Buildcon executes projects in countries like Ghana and Benin.
The company has a history of strategic expansions and acquisitions, including stakes in various Special Purpose Vehicles (SPVs) for project execution. It has ventured into the Hybrid Annuity Model (HAM) projects and city gas distribution, demonstrating diversification in operations. Notable projects include the Chennai Outer Ring Road and international ventures like the Maldives road network. The company's strategic partnerships and investments, such as with Macquarie SBI Infrastructure Investments, underscore its growth trajectory and financial stability.