Ashoka Buildcon’s shares surged 4.04% to ₹249.40 as of 11:43 AM after the company announced that it has been declared the lowest bidder (L1) for a ₹1,667.78 crore project by the City and Industrial Development Corporation of Maharashtra (CIDCO). The project win has boosted market sentiment, with the stock opening at ₹240.65 and reaching a high of ₹252.50 during the day.
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