Home / Markets / News / Ashoka Buildcon jumps 15%, hits over 9-month high on strong growth outlook

Ashoka Buildcon jumps 15%, hits over 9-month high on strong growth outlook

In the past one month, the stock has rallied 56 per cent.

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2 min read Last Updated : Dec 07 2020 | 1:41 PM IST

Shares of Ashoka Buildcon moved higher by 15 per cent to Rs 99.25 on the BSE in intra-day trade on Monday on the back of heavy volumes on the expectation of a strong growth outlook. The stock of roads and highways company hit an over nine-month high, and was quoting at its highest level since February 22, 2020. It had touched a 52-week high of Rs 121.60 on January 22, 2020.

At 01:20 pm, Ashoka Buildcon was trading at Rs 98.20, up 13 per cent on the BSE, as compared to a 0.62 per cent rise in the S&P BSE Sensex.

Topics : Ashoka Buildcon Buzzing stocks Markets

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