Ashoka Buildcon: Receipt of Letter of Acceptance (LOA) for Solar PV Power Plant in Bhutan
Ashoka Buildcon (NSE: ASHOKA) said it has received an order. The company is valued at about ₹3,166 crore.
What happened
Ashoka Buildcon (NSE: ASHOKA) informed the stock exchanges on 11 November 2026 at 10:35 AM that it has received an order.
From the filing: "Ashoka Buildcon Limited has informed the Exchange about Receipt of Letter of Acceptance (LOA) for Solar PV Power Plant in Bhutan"
Company snapshot
Ashoka Buildcon is a small-cap company in the Construction sector, with a market value of about ₹3,166 crore.
The stock last traded at ₹112.8, against a 52-week range of ₹95.31–₹203.8 (44.7% below the high).
Before this filing the shares had moved +0.9% over the month and −12.0% over three months. Average daily turnover over the last 20 sessions was about ₹6.05 crore.
Promoters held 54.48% at the end of Q2 FY27. Foreign institutions owned 4.18% and domestic institutions 12.75%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q2 FY26 | 1,851 | 78.1 | 2.78 |
| Q3 FY26 | 1,827 | 2,111.4 | 75.21 |
| Q4 FY26 | 1,954 | 143.1 | 10.61 |
| Q1 FY27 | 1,500 | 123.5 | 4.55 |
| Q2 FY27 | 1,505 | -118.8 | -4.23 |
What history shows
This is not the company's first order win disclosure: BCEIE has 7 earlier filings of this kind on record since May 2026.
After those filings, the stock gained 2.7% on average the next trading day and was up 2.5% on average after five days (6 filings with price data).
Across 161 similar disclosures by other Construction companies, shares moved +0.3% on average the next day and −0.3% over five days; 57% of them rose the next day.
Market-wide, 2,214 order win filings with an impact score of 50 or more saw an average next-day move of +0.9%, with 54% rising.
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 5 Nov 2026 | Company is declared L1 for National Highways Authority of India… | −3.5% | — |
| 9 Oct 2026 | Ashoka Buildcon Limited (the Company) informs that the Company had… | +4.3% | +0.9% |
| 29 Aug 2026 | Order win | +8.1% | +2.5% |
| 13 Aug 2026 | Order win | −1.3% | −1.6% |
| 26 Jun 2026 | Order win | +0.9% | +0.8% |
What to watch
- Execution progress and revenue recognition from this order in the coming quarters.
In the news
Recent coverage elsewhere (links open the original publisher):
- Ashoka Buildcon Ltd (BOM:533271) (Q2 2027) Earnings Call Highlights: HAM Monetization and ...
- Ashoka Buildcon bags LoA for ₹865 crore Vadodara-Mumbai Expressway project
- Ashoka Buildcon Q2 2027 Earnings Call Is Live
- Stocks in Focus: KNR Constructions, Ashoka Buildcon, and Others
- Ashoka Buildcon shares in focus tomorrow as firm wins NHAI contract worth Rs 866 crore
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.