India, Jan. 23 -- An Engineering, Procurement and Construction company saw its stock in focus after the company bagged a LoA worth Rs 307 Cr from a domestic government authority for an infrastructure project involving the construction of a signature bridge in Daman.

With a market cap of Rs 4,132 Cr, Ashoka Buildcon Ltd saw its stock hit an intraday high of Rs 151 which is 5 percent higher than the previous close of Rs 144. The company's stock has given a compounded return of 18 percent in the last 3 years.

What's the News? Ashoka Buildcon Limited has received a Letter of Acceptance from the Public Works Department Work Division-I of Daman. This is for a major infrastructure project involving the construction of a signature bridge in Dam...