Ashoka Buildcon shares jump over 4% on bagging a four-lane highway construction order in Guyana

At around 11:08 AM, the stock stood at ₹132.27 per equity share, reflecting a 0.95% increase.

The scrip has declined 2% in the past week but gained 8% over the month. On a year-to-date basis, it has fallen 21%.

While the share hit a 52-week high of ₹218.44 apiece on July 1, 2025, it touched a year’s low of ₹101 on March 31, 2026.

According to a regulatory filing dated June 26, the company stated that it had submitted a bid to the Central Housing and Planning Authority of Guyana for the construction of a four-lane highway from Versailles, West Bank Demerara, to Parika, East Bank Essequibo.

Following the bid, the Nahik-based firm received the LoA for the project, with an accepted order value of $35.42 million or GYD (Guyanese Dollar) 7,455,455,867.

Guyana is a country located on the norther coast of South America.

Recent update

In a separate regulatory filing dated June 13, Ashoka Buildcon said it has bagged an order worth ₹112.40 crore from Chhattishgarh State Industrial Development Corporation Limited (CSIDC).

It received the LoA for the development of the gems and jewellery park under a public-private partnership (PPP) mode at Raipur in Chhattisgarh.

The project will be completed in a joint venture, where the company is the lead member with a 51% stake.

Q4 results

Ashoka Buildcon reported a 67.5% year-on-year (YoY) decline in its consolidated net profit to ₹146.80 crore in the January-March quarter of the 2025-26 financial year (Q4 FY26), compared with ₹451.68 crore in the corresponding quarter of the preceding year.

Its consolidated revenue from operations fell 27.5% YoY to ₹1,954.30 crore during the quarter under review, as against ₹2,694.42 crore in the fourth quarter of the 2024-25 fiscal year (Q4 FY25).

Ashoka Buildcon has a total market capitalisation of ₹3,713.13 crore as of June 29, 2026, according to data on the NSE.