Ashoka Buildcon wins Bhutan solar project LOA
In short
Ashoka Buildcon said it got a Letter of Acceptance for a solar power project in Bhutan. The stock had already risen more than 11% after back-to-back orders worth over ₹1,400 crore.
What the reporting says
Ashoka Buildcon secured a Letter of Acceptance for a Solar PV Power Plant project in Bhutan, according to a CNBC TV18 Market summary. The update comes after the stock moved more than 11% on back-to-back order wins worth over ₹1,400 crore.
Why it matters
Ashoka Buildcon secured a Letter of Acceptance for a Solar PV Power Plant project in Bhutan, based on a CNBC TV18 Market summary. The stock had gained over 11% after back-to-back orders worth more than ₹1,400 crore. The reported development points to stronger order inflow for the infrastructure company and helped lift the share price.