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InfrastructureITHigh impactPre-market

Ashoka Buildcon and Railtel win ₹1136 cr Maharashtra IT project

pre-market1 source ↓written by the desknot a recommendation

project
₹1136.18 crore

Ashoka Buildcon, in partnership with Railtel Corporation, has secured a Letter of Intent for a ₹1136.18 crore project from the Maharashtra government. This five-year contract focuses on modernizing and maintaining IT infrastructure for the Inspector General of Registration (IGR) offices across the state.

The win is expected to enhance Ashoka Buildcon's order book, although execution risks and potential contract variations remain concerns for investors.

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 22 Feb 2026, 07:05 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

ASHOKA closed +0.5% on the day of the news, from ₹142.91 to ₹143.60; Nifty +0.6% over the same session.

Bulletin at 07:05 IST on 22 Feb 2026. Every change is measured from ₹142.91, the last close before it, on 20 Feb. 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 it117.39139.44161.49axis spans 38%before the news · 20 Feb142.91Nifty 50ASHOKAbulletinD0+1+3+516 Feb26 Feb10 MarReference close ₹142.91. 16 sessions from 16 Feb to 10 Mar; the price axis spans 38 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 %
Before20 Feb₹142.91basebase
On the day23 Feb₹143.60▲ +0.5%▲ +0.6%−0.1 pp difference
+1 session24 Feb₹140.36▼ −1.8%▼ −0.6%−1.2 pp difference
+3 sessions26 Feb₹138.71▼ −2.9%▼ −0.3%−2.6 pp difference
+5 sessions2 Mar₹128.67▼ −10.0%▼ −2.8%−7.2 pp difference
Gap at the open, % · ₹
▲ +2.5%+3.59 on 23 Feb
Day's range, % · ₹
5.5%≈ 7.8 high to low
Volume on the day
2.35×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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