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InfrastructureAfter close

Ashoka Buildcon receives LoA for ₹539 crore railway project

after close1 source ↓written by the desknot a recommendation

in early trade
3%
after securing
10 Nov 2023
project from Northern
₹539.35 crore
in the Ajmer
160 km
be completed
24 months

Ashoka Buildcon shares rose nearly 3% in early trade on 10 Nov 2023 after securing a Letter of Acceptance (LoA) for a ₹539.35 crore project from Northern Railway. The project involves upgrading the electric traction system over 160 km in the Ajmer division and is to be completed within 24 months.

This development may enhance investor sentiment and support share price recovery following a 2.41% decline in the previous session.

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 10 Nov 2025, 16:08 IST.

Sourcesnews.google.com

The market after the news

ASHOKA closed −1.6% on the day of the news, from ₹200.41 to ₹197.14; Nifty +0.5% over the same session.

Bulletin at 16:08 IST on 10 Nov 2025. Every change is measured from ₹200.41, the last close before it, on 10 Nov. 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 it174.36200.41226.46axis spans 30%before the news · 10 Nov200.41Nifty 50ASHOKAbulletinD0+1+3+53 Nov14 Nov25 NovReference close ₹200.41. 16 sessions from 3 Nov to 25 Nov; 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 %
Before10 Nov₹200.41basebase
On the day11 Nov₹197.14▼ −1.6%▲ +0.5%−2.1 pp difference
+1 session12 Nov₹201.67▲ +0.6%▲ +1.2%−0.6 pp difference
+3 sessions14 Nov₹198.80▼ −0.8%▲ +1.3%−2.1 pp difference
+5 sessions18 Nov₹185.96▼ −7.2%▲ +1.3%−8.5 pp difference
Gap at the open, % · ₹
▲ +0.3%+0.58 on 11 Nov
Day's range, % · ₹
2.6%≈ 5.2 high to low
Volume on the day
0.69×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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Source NSE UDiFF bhavcopy · ASHOKA on the desk →

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