Ashoka Buildcon Bags Rs 410 Cr Liberia Project, Shares Slip 2%

Business
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Moneycontrol•16-02-2026, 09:23
Ashoka Buildcon Bags Rs 410 Cr Liberia Project, Shares Slip 2%
- •Ashoka Buildcon secured a road construction project in Liberia worth USD 45.27 million (approx Rs 410 crore).
- •Despite the project win, Ashoka Buildcon's share price dropped over 2% in early trade on February 16.
- •The project involves upgrading roads from Nrowkia (Sasstown Jn) to Barclayville, Sasstown, and part of Nipleppo road.
- •The company also recently won a Rs 474.38 crore bridge construction project over the Gandak river in a JV.
- •Another JV project in Saudi Arabia for Diriyah Company, valued at SAR 717 million, was also secured.
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