Ashoka Buildcon Secures ₹307 Crore Daman Bridge Order Amidst 46% Stock Drop

• Ashoka Buildcon Ltd received a ₹307.71 crore order from Public Works Department, Daman, for a Signature Bridge connecting Jampore and Devka Sea Front Roads.
• The project, structured on a Design, Build, and Operate model, must be completed within 30 months.
• This new order follows a ₹447.21 crore work order from BMC for the Sion-Panvel Highway flyover project and a ₹539 crore project from North Western Railway.
• Despite recent order wins, Ashoka Buildcon's stock has fallen 46.38% over the past year, with a 17.19% drop in the last month.
• Ashoka Buildcon specializes in infrastructure projects including roads, bridges, railways, and urban infrastructure, operating on EPC and BOT/DBO models.

Why It Matters: Ashoka Buildcon secured a significant government order for a Daman bridge, aiming to boost its stock performance.