Current price is less than the intrinsic value

Intrinsic Value

Stock has not been able to generate better return on equity than bank FD

Returns vs FD rates

Stock doesn't offer attractive dividend returns

Dividend Returns

Good time to consider, as stock is not in overbought zone

Entry Point

Stock not in ASM/GSM lists and not a lot of promoter holding is pledged

No Red Flags

Ashoka Buildcon added 3.58% to Rs 99.95 after the company emerged as the lowest (L-1) bidder for a Ministry of Road Transport & Highways project.

Ashoka Buildcon gains on emerging as L-1 bidder for Road Ministry project

Ashoka Buildcon successfully bids for MoRTH’s road project in Goa

The current market cap of the company is Rs2,708.98cr.

Ashoka Buildcon climbs 4.5% after emerging as L1 bidder for Rs769.41cr project

AHDL executes the Project awarded by NHAI to carry on the business of Construction.

Ashoka Buildcon’s subsidiary buys 49% stake in Ashoka Highways (Durg); Stock trades higher

Anand Rathi is bullish on Ashoka Buildcon has recommended buy rating on the stock with a target price of Rs 147 in its research report dated November 23, 2021.

Buy Ashoka Buildcon; Target Of Rs 147: Anand Rathi

Ashoka Buildcon - Soft Execution, Additions Strong: Anand Rathi

Ashoka Buildcon Ltd., incorporated in the year 1993, is a Mid Cap company (having a market cap of Rs 2861.97 Crore) operating in Infrastructure sector.

Buy Ashoka Buildcon, target price Rs 147: Anand Rathi

While the quarter saw soft performance due to delays in commencing various projects, the management has revised the revenue growth guidance for FY22 to 20% from 25% provided earlier

Ashoka Buildcon’s strong order book boosts prospects despite modest Q2

Ashoka Buildon has had a bit of a subdued Q2FY22. The revenue was up 6.4%, the EBITDA was up around 4% and there was some pressure on the margins. We speak with Paresh Mehta, CFO of the company, to understand more about their business.

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Subdued Q2 For Ashoka Buildcon, CFO Paresh Mehta Discusses Biz | Bazaar Corporate Radar | CNBC-TV18

Ashoka Buildcon Consolidated September 2021 Net Sales At Rs 1,264.87 Crore, Up 6.35% Y-o-Y

The company’s order book stands at higher ever Rs11,883cr. H1FY22 PAT rises 13.3% yoy to Rs197cr.

Ashoka Buildcon slips over 2% after Q2 PAT declines 8.7% yoy at Rs96cr

Ashoka Buildcon Limited is a infrastructure development company. The Company is engaged in construction and maintenance of roads, and supporting services to land support-operation of toll roads and others.

Ashoka Buildcon Ltd

Ashoka Buildcon Ltd

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

Returns vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's return on equity is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Ashoka Buildcon gains on emerging as L-1 bidder for Road Ministry project

Ashoka Buildcon successfully bids for MoRTH’s road project in Goa

Ashoka Buildcon climbs 4.5% after emerging as L1 bidder for Rs769.41cr project

Ashoka Buildcon’s subsidiary buys 49% stake in Ashoka Highways (Durg); Stock trades higher

Buy Ashoka Buildcon; Target Of Rs 147: Anand Rathi

Ashoka Buildcon - Soft Execution, Additions Strong: Anand Rathi

Buy Ashoka Buildcon, target price Rs 147: Anand Rathi

Ashoka Buildcon’s strong order book boosts prospects despite modest Q2

News Video

Subdued Q2 For Ashoka Buildcon, CFO Paresh Mehta Discusses Biz | Bazaar Corporate Radar | CNBC-TV18

Ashoka Buildcon Consolidated September 2021 Net Sales At Rs 1,264.87 Crore, Up 6.35% Y-o-Y

Ashoka Buildcon Ltd

Intrinsic ValueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

Returns vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's return on equity is lower than this rate, investors are better off investing the amount in a FD

Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry PointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Ashoka Buildcon gains on emerging as L-1 bidder for Road Ministry project

Ashoka Buildcon successfully bids for MoRTH’s road project in Goa

Ashoka Buildcon climbs 4.5% after emerging as L1 bidder for Rs769.41cr project

Ashoka Buildcon’s subsidiary buys 49% stake in Ashoka Highways (Durg); Stock trades higher

Buy Ashoka Buildcon; Target Of Rs 147: Anand Rathi

Ashoka Buildcon - Soft Execution, Additions Strong: Anand Rathi

Buy Ashoka Buildcon, target price Rs 147: Anand Rathi

Ashoka Buildcon’s strong order book boosts prospects despite modest Q2

News Video

Subdued Q2 For Ashoka Buildcon, CFO Paresh Mehta Discusses Biz | Bazaar Corporate Radar | CNBC-TV18

Ashoka Buildcon Consolidated September 2021 Net Sales At Rs 1,264.87 Crore, Up 6.35% Y-o-Y

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

Returns vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's return on equity is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock