Ashoka Buildcon Secures ₹562 Crore Guyana Road Project | Share Price, Target & Company Insights
Ashoka Buildcon Ltd has announced a major international contract win worth $67.25 million (approx ₹562 crore) from the Government of Guyana. This East Bank–East Coast Road Linkage Project (Phase 2: Eccles to Providence) is a major milestone in the company’s overseas expansion.
🌐 Global Expansion: Guyana Project Details
On June 19, 2025, Ashoka Buildcon officially signed a contract with the Guyana Public Works Department for a key road infrastructure project. This deal, awarded under the item rate contract model, is to be completed over a period of 18 months and marks a significant development in Ashoka’s international presence.
The East Bank–East Coast linkage is part of Guyana’s strategic infrastructure growth initiative aimed at boosting economic corridor connectivity.
📊 Stock Market Update: Ashoka Buildcon Share Price Movement
On the NSE, Ashoka Buildcon share price was trading at ₹202.40 at 2:02 PM on June 19, 2025, reflecting a slight dip of 1.05% for the day. The intraday low touched ₹198.22. Investors are closely watching for the stock's response to this international win.
📈 Market Insight: Ashoka Buildcon Share Price and Exchange Performance
As of June 19, 2025, Ashoka Buildcon share price on the NSE stood at ₹202.40, showing signs of consolidation after a volatile week. The ashoka buildcon ltd share price had touched an intraday low of ₹198.22 before recovering in the latter half of the trading session.
On the BSE, the ashoka buildcon share price bse mirrored similar trends, reflecting cautious optimism among investors following the company’s international order win.
Market analysts tracking ashoka buildcon share price nse and nse: ashoka note that the new Guyana project could improve the company’s global revenue stream and investor confidence. Investors also often search for ashoka buildcon share price target to evaluate future stock movement. Based on recent fundamentals, many expect the share to test ₹215–₹225 levels if execution progress remains on track.
It’s also worth noting that queries like ashok buildcon share or ashoka share price are frequently searched by retail investors trying to track the company’s momentum on both BSE and NSE. The stock’s fundamentals continue to be supported by a healthy order book, improved balance sheet, and consistent EPC project wins.
🏗️ About Ashoka Buildcon Ltd
Ashoka Buildcon Ltd is a Fortune India 500 infrastructure company involved in the development of roads, bridges, rail, power T&D, and urban infrastructure. It works on both EPC and BOT basis and also sells Ready Mix Concrete (RMC).
🚧 Key Business Segments
- Construction Contracts (63% in 9M FY25): Over 14,000 lane km of highways, 30,000+ villages electrified, and large-scale railway electrification and optical fiber laying.
- BOT/Annuity Projects (28%): 21 active road projects through its subsidiary Ashoka Concessions Ltd (ACL).
- Sale of Goods (9%): RMC manufacturing and smart city project execution.
🏗️ Signature Projects
- India’s first 8-lane extra-dosed cable-stayed bridge
- One of India’s longest 6-lane flyovers in Kerala (12.75 km)
- Bundelkhand Expressway with record-setting construction speed
📈 Financial Snapshot and Order Book
As of Q3 FY25, Ashoka Buildcon holds an order book worth ₹16,457 Cr, diversified across regions and clients:
- Segment-wise: Road EPC (58%), Power T&D (24%), HAM (12%)
- Region-wise: West (52%), South (17%), East (13%), Overseas (8%)
- Client-wise: State Govt (62%), Central Govt (14%), Overseas (8%)
🔁 Recent Divestments & Acquisitions
- Sold 5 subsidiaries for ₹5,718 Cr (Oct 2024)
- Divested 11 subsidiaries for ₹2,324 Cr (Dec 2024)
- Acquired 34% in ACL for ₹1,526 Cr
💰 Debt and Growth Outlook
Total debt has reduced from ₹7,139 Cr to ₹6,847 Cr in Q3 FY25. The company is targeting order inflow of ₹12,000–₹14,000 Cr for FY26 with revenue growth of 10–15% and margin of 10–11%.
📉 Ashoka Buildcon Share Price Target
With its increasing global footprint, the stock is expected to find support near ₹195 and may face resistance around ₹215. Long-term investors tracking ashoka buildcon share price target and ashoka buildcon ltd share price can expect growth driven by both EPC and BOT verticals.
💬 Final Thoughts
This international project in Guyana is a strong indicator of Ashoka Buildcon’s ambition and credibility in global markets. The ashoka buildcon share remains a compelling pick for infrastructure investors watching the nse ashoka and bse ashoka buildcon share price closely.
Stay tuned for further updates on execution milestones, quarterly results, and future contract wins.
Disclaimer: This blog is for educational and informational purposes only. It does not constitute financial advice. Please consult a certified financial advisor before making any investment decisions.