Bengaluru, April 24 -- The shares of this small cap company majorly engaged in the business of construction and infrastructure facilities on EPC and BOT basis, were in focus after securing EPC work of over Rs. 680 Crores

With the market capitalization of Rs. 3,750 crores, the shares of Ashoka Buildcon ltd were trading at around Rs. 134 per share which is 42 percent discount from its 52 weeks high of Rs. 231 per share and is trading at a P/E of 3.63 whereas industry P/E stands at 18.

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Ashoka Buildcon has received a Letter of Acceptance for a 'Electricity Sector Improvement and Access Project' from Angola's Ministry of Energy and Water. The project is valued at USD 72.36 million (over Rs. 680 crore), which adds a meaningf...