Ashoka Buildcon Limited receives work order worth 6300 million for 6 laning of Belgaum Dharwad stretch of NH-4. This stretch is being developed on BOT basis by Ashoka Belgaum – Dharwad Tollway Pvt. Ltd. for National Highway Authority of India.
----Target 325 in a week...thats wat i heard from brokers...
though markets corrected quite a lot, Ashoka has not gone below 300. Volumes clearly show strength. delivery volumes have improved. look at IRB & ITNL. they have corrected but Ashoka is not coming down. Even big investors have not exited, which means they are confident about the company. Low risk stock , I recommend buy
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Ashoka 320- It is showing signs of improvement. Keep a stop around 303 (or roughly 300) & ACCUMULATE at dips. Any breach of 316 is first sign of weakness.
Once it crosses 331, it could rise to 352-362, 387 or even 412+. Partial profit booking at first & second targets better. Carrying small lots is better for third target.
Hi Ravi Bangalore. Thanks for msg 600. I am looking fwd for your advice. Could you please undertake study for Techpro and Eros.I had sold these with profit, but friends around are still holding these. Thanks
not much case for ashoka to rise but instead fall more. Reason - Much larger, superior and better peer, ILFS Transportation Network is available much cheaper valuation at 308 odd levels (fallen from high of 367) and it is giving indication of bottoming out.
So, buy better and cheaper company instead of buying still expensive ashoka. For those who bought at ipo / higher price and are still holding - sell it now or it will go the same way as other recent ipo's like ramky, microsec etc.
for those who have not yet received your refunds in any ipo's should contact the registrars as there may be some problem in filling the form. u'll need to furnish them the correct details to enable them to send the refunds.
Guarantee news company ka ek naya toll at Nagpur starting on Wednesday . Daily income will go up by 15 lac rupees. annual turnover increase by 50 crpres. NationL highwY 6 Agle mahine Karnataka Leon 6 lane highway ka air ek toll chalu hoyegA Share at bottom now
Its a gud company all though i have sold my shares arrnd 355 Avg price na slo told other to do so.this is a gud company will giv minimum of 30% profit year to year i like this sector coz gov is planning to invest huge in next 5 years which will be gud for ILFS transportation,Ashoka & IRB which are the main company fr the development of road n also a BOT player.So if u have money invest in ILFS IRB n Ashoka.. my first choice will be ILFS..hold it fr 3 years it will giv u gud return..