Ashoka Buildcon Shares in Focus After Securing ₹1,387 Cr Intelligent Traffic Project in Maharashtra
Ashoka Buildcon share price is once again in the spotlight after the infrastructure firm secured a massive ₹1,387 crore Intelligent Traffic Management System (ITMS) project from the Maharashtra Motor Vehicles Department. In collaboration with its subsidiary, Ashoka Purestudy Technologies Pvt. Ltd (APTPL), the company will implement this high-impact traffic surveillance system across key regions in Maharashtra.
🚦 Project Details: ₹1,387 Cr ITMS Contract Win
The scope of the project includes the design, deployment, operation, and maintenance of the ITMS across:
- Mumbai
- Pune
- Nagpur
- Marathwada
- Konkan & Western Maharashtra
The implementation phase will be completed within 15 months of signing, followed by a 10-year maintenance contract.
📊 Region-Wise Budget Allocation
As per the filing, the project’s estimated cost distribution (including GST) is:
- Nagpur: ₹179.97 crore
- Mumbai: ₹291.49 crore
- Pune: ₹285.23 crore
- Konkan & Western Maharashtra: ₹315.54 crore
- Marathwada: ₹314.96 crore
📈 Ashoka Buildcon Share Price Performance
Ashoka Buildcon shares closed at ₹218 on the BSE in the last session, posting a gain of 1.46%. Though the stock is down 29% year-to-date (YTD), it has delivered a strong 170% return over the past two years.
🔍 Technical Indicators
- RSI (Relative Strength Index): 63.7 – Neutral zone
- MACD: 6.5 – Above both signal and centerline (bullish)
- SMA: Trading above 5, 10, 20, 30, 50 & 100-day averages
💼 Ashoka Buildcon Q4 FY25 Results
In its latest earnings release, the company posted a significant rise in profits, underscoring its financial strength.
- Net Profit: ₹432.2 crore (up 73.2% YoY)
- Revenue: ₹2,694.4 crore
- Previous Q4 Revenue: ₹3,052 crore
While revenue saw a marginal dip, the jump in profits shows improved operational efficiency and project execution capabilities.
🎯 Ashoka Buildcon Share Price Target 2025
As per Trendlyne, the average target price for Ashoka Buildcon is ₹261, suggesting an upside of nearly 19% from current levels.
- Analyst Consensus: 6 out of 7 recommend a Buy
- Rating: No sell ratings reported
This makes it one of the top picks in the Indian infrastructure stocks category for 2025.
📌 Why This Project Matters
This large-scale traffic management project reinforces Ashoka Buildcon’s positioning in the smart infrastructure and urban development sector. The move is aligned with the Indian government’s push for Smart Cities and digital mobility.
Key Benefits to Ashoka Buildcon:
- Improved project pipeline and long-term revenue visibility
- Stronger credentials for future government tenders
- Boost in investor confidence and stock price outlook
🗣️ Expert View
Market experts view Ashoka Buildcon as a strong contender in India’s evolving infrastructure sector. The company’s execution capabilities, along with a diversified order book, make it attractive for long-term investors.
Investors are advised to monitor technical breakouts and any upcoming contract wins that may further boost investor sentiment. With consistent financials and a favorable macro environment, Ashoka Buildcon remains on analysts' radar.
📌 Final Words
With the ₹1,387 crore ITMS project win and a strong Q4 performance, Ashoka Buildcon is clearly on a growth trajectory. The company is well-positioned to benefit from India's continued infrastructure push. For those seeking multibagger infrastructure stocks in India, this could be one worth watching closely in 2025 and beyond.
Disclaimer: The views and recommendations expressed in this article are for informational purposes only. Please consult your financial advisor before investing.
Join WhatsApp Group
