Ashoka Buildcon's shares experienced a 3% surge on November 28 due to the announcement of a new engineering, procurement, and construction (EPC) order worth Rs 192.59 crore from Madhya Pradesh Poorv Kshetra Vidyut Vitaran Company.

The project, which is expected to be completed within 24 months, involves the procurement, installation, testing, and commissioning of new 11 kV lines and associated infrastructure as part of the feeder separation program, financed by KfW.

At 09:25 AM, Ashoka Buildcon's stock was trading at Rs 239.85 on the National Stock Exchange (NSE). The company's order book was valued at Rs 11,104 crore at the end of the September quarter, indicating a strong pipeline of projects. This recent order is anticipated to further enhance the company's position in the infrastructure sector.