Ashoka Buildcon Share Price in Focus on Securing North Western Railway Project Worth ₹539.35 Crore

Ashoka Buildcon recently announced it has received a Letter of Acceptance(LoA) from the North Western Railway, Ajmer, for work valued at ₹539.35 crore, including GST. The order was issued by the President of India through the Chief Electrical Engineer (Project), North Western Railway, Jaipur. The project is to be completed within 24 months from the date of the order.

Scope of Work

The project involves upgrading the Northern Railway’s electric traction system from 1 x 25 kV to 2 x 25 kV. The upgrade will increase power capacity and includes changes to the existing overhead equipment to handle speeds of up to 160 kmph in parts of the Ajmer Division.

Sections Covered

The work will be carried out across four sections: Ajmer-Chittorgarh, Chittorgarh-Udaipur, Madar-Bangarh, and Bangarh-Palanpur. Together, these cover around 660 route kilometres and about 1,200 track kilometres. The job includes design, supply, erection, testing, and commissioning of the new traction system.

Ashoka Buildcon Q1FY26 Earnings Results

In August, Ashoka Buildcon reported a net profit of ₹217.3 crore for the first quarter of FY26, marking a 44.6% rise compared to the same period last year. The company had attributed the growth to improved margins and steady execution of its ongoing projects. The firm is scheduled to announce its second-quarter results on November 14, 2025.

Read More: Ashoka Buildcon Acquires 26% Stake in JTCL for ₹166.6 Cr, Raising Holding to 61.17%!

Ashoka Buildcon Share Price Performance 

As of November 10, 2025, 10:03 AM, Ashoka Buildcon share price was trading at ₹199.27, a 0.07 increase from the previous closing price for the day.

Conclusion

The ₹539 crore order from the North Western Railway adds to Ashoka Buildcon’s portfolio of infrastructure contracts. The work is expected to be completed within two years, covering major railway sections under the Ajmer Division.

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