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InfrastructureHigh impactAfter close

Ashoka Buildcon JV secures ₹1,041 crore flyover project

Ashoka Buildcon's joint venture secured a ₹1,041 crore flyover project from Brihanmumbai Municipal Corporation, with a completion timeline of 24 months. This contract enhances Ashoka Buildcon's presence in infrastructure development.

after close1 source ↓written by the desknot a recommendation

work order
₹1,041.44 crore
be completed
24 months

Ashoka Buildcon's joint venture, Ashoka Aakshaya JV, has received a ₹1,041.44 crore work order from the Brihanmumbai Municipal Corporation for a flyover in Mumbai. The project, set to be completed within 24 months, will connect J J Bridge and Sitaram Selam Bridge.

This contract, awarded on an engineering, procurement, and construction basis, underscores Ashoka Buildcon's growing footprint in infrastructure development, potentially boosting investor sentiment in the sector.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 15 Dec 2025, 16:05 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

ASHOKA closed +3.6% on the day of the news, from ₹169.48 to ₹175.52; Nifty −0.6% over the same session.

Bulletin at 16:05 IST on 15 Dec 2025. Every change is measured from ₹169.48, the last close before it, on 15 Dec. Nifty 50 is measured over the same sessions.

  • ASHOKA close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
ASHOKA closes around the bulletin against the close before the news, with Nifty 50 rebased to it147.45169.48191.51axis spans 30%before the news · 15 Dec169.48Nifty 50ASHOKAbulletinD0+1+3+59 Dec19 Dec31 DecReference close ₹169.48. 16 sessions from 9 Dec to 31 Dec; the price axis spans 30 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before15 Dec₹169.48basebase
On the day16 Dec₹175.52▲ +3.6%▼ −0.6%+4.2 pp difference
+1 session17 Dec₹170.53▲ +0.6%▼ −0.8%+1.4 pp difference
+3 sessions19 Dec₹172.65▲ +1.9%▼ −0.2%+2.1 pp difference
+5 sessions23 Dec₹174.87▲ +3.2%▲ +0.6%+2.6 pp difference
Gap at the open, % · ₹
▼ −0.3%−0.58 on 16 Dec
Day's range, % · ₹
6.3%≈ 11 high to low
Volume on the day
1.19×the 20-session average
Futures OI on the day
—
Futures OI open, lots
—
Futures premium, ₹
—
Puts per call, by OI
—
Max pain
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