Ashoka Buildcon Bridge Project Analyzed

Ashoka Buildcon, a company that builds and takes care of roads, has won a big contract. They’ve been officially approved to build a new bridge in Daman. This project is important because it will connect two popular areas of Daman – Jampore Sea Front Road and Devka Sea Front Road – making travel easier.

Key Points

• Ashoka Buildcon secured a contract for a Daman bridge project.
• The bridge links Jampore & Devka Sea Front Roads in Daman.
• The project’s value is Rs 307.71 crore (before taxes).
• Construction is expected to take 30 months (nearly 3 years).
• Ashoka Buildcon specializes in road construction and toll road support.
• The company’s profit dropped significantly in the last quarter.

Project Details

The bridge will be built on a stretch of road near the Lighthouse and will extend to Parkota Sheri. The total cost of the project, before adding taxes, is around 307.71 crore rupees. Ashoka Buildcon estimates it will take about 30 months to finish building the bridge, from starting the design to finishing the work.

Company Performance

Ashoka Buildcon is known for building and maintaining roads. However, their profits recently decreased. In the last quarter (Q2 FY26), their net profit fell by a lot – 82.92% – from the previous year. The company’s stock price went up slightly, rising 2.08% to 144.70 rupees on the BSE exchange.

This bridge project represents a significant investment and strategic opportunity for Ashoka Buildcon.