Ashoka Buildcon shares surged nearly 7% following the announcement of its acquisition of an additional 34% stake in Ashoka Concessions Ltd (ACL) for Rs 1,526 crore, making ACL a wholly-owned subsidiary. The stock has risen 75% year-to-date, significantly outperforming the Nifty 50's 11% gain. This transaction also provides an exit for investors like Macquarie SBI Infrastructure Investments.
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