Ashoka Buildcon Ltd
ROE vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD
Stock has been generating better return on equity than bank FD
Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company
Stock doesn't offer attractive dividend returns
Entry PointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock
Good time to consider, as stock is not in overbought zone
No Red FlagsASM and GSM lists are measures to safeguard investors against volatility and unjustified stock prices. Pledging holdings means taking loans against held promoter shares. Stocks in ASM/GSM list or with high pledged promoter holding should be handled with caution. Unsolicited tips are sometimes circulated to manipulate the market. Beware of these stocks
Stock not in ASM/GSM lists and not a lot of promoter holding is pledged
Ashoka Buildcon Ltd
ASHOKA
Price Chart
Intrinsic ValueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa
Current price is less than the intrinsic value
ROE vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD
Stock has been generating better return on equity than bank FD
Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company
Stock doesn't offer attractive dividend returns
Entry PointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock
Good time to consider, as stock is not in overbought zone
No Red FlagsASM and GSM lists are measures to safeguard investors against volatility and unjustified stock prices. Pledging holdings means taking loans against held promoter shares. Stocks in ASM/GSM list or with high pledged promoter holding should be handled with caution. Unsolicited tips are sometimes circulated to manipulate the market. Beware of these stocks
Stock not in ASM/GSM lists and not a lot of promoter holding is pledged
Key Metrics
| PE RatioPE Ratio | PB RatioPB Ratio | Dividend YieldDiv. Yield |
|---|---|---|
| 2.78 | 1.35 | — |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 50.25 | 4.89 | 0.62% |
Forecast & RatingsDetailed Forecast
Analysts have suggested that investors can buy this stock
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
Ashoka Buildcon Limited is a infrastructure development company. The Company is engaged in construction and maintenance of roads, and supporting services to land support-operation of toll roads and others.
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Financial TrendFinancial statements
Holdings TrendDetailed holdings
Total Promoter HoldingIncreasing promoter holding is considered good and reflects management’s positive view about the future outlook
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter HoldingLower pledged promoter holdings is considered better
Pledged promoter holdings is insignificant
Decreased Mutual Fund HoldingIncreasing Mutual Fund holdings are generally considered good, as it reflects that fund managers are becoming more bullish about the stock
In last 3 months, mutual fund holding of the company has decreased by 1.27%
Recent NewsAll news
Stocks that will see action on September 26, 2022
1 week ago•The Hindu Businessline
Ashoka Buildcon update on SPV - Ashoka Highways (Bhandara)
1 week ago•Business Standard
CBI arrests NHAI officials, Ashoka Buildcon execs for bribery: Official
1 week ago•Business Standard
Recent EventsAll events
Closure of trading window
Ashoka Buildcon Limited has informed the Exchange about Closure of trading windowPursuant to the SEBI (Prohibition of Insider Trading) Regulations 2015 amended from time to time and effective April 01, 2019 and as per the terms of the Code of Conduct for the Prohibition of Insider Trading in Securities of Ashoka Buildcon Limited (￢ﾀﾜthe Company￢ﾀﾝ), the Company informs that the trading window for dealing in the securities of the Company for designated employees, specified persons, their immediate relatives and connected persons shall be closed from October 01, 2022 till 48 hours after the declaration of financial results of the Company for the quarter ending September 30, 2022 to the Exchanges. | Download
Ashoka Buildcon Limited has informed the Exchange about Closure of trading windowPursuant to the SEBI (Prohibition of Insider Trading) Regulations 2015 amended from time to time and effective April 01, 2019 and as per the terms of the Code of Conduct for the Prohibition of Insider Trading in Securities of Ashoka Buildcon Limited (￢ﾀﾜthe Company￢ﾀﾝ), the Company informs that the trading window for dealing in the securities of the Company for designated employees, specified persons, their immediate relatives and connected persons shall be closed from October 01, 2022 till 48 hours after the declaration of financial results of the Company for the quarter ending September 30, 2022 to the Exchanges. | Download
General updates
Ashoka Buildcon Limited has informed the Exchange about Updates on acquisition of stake in Ashoka Highways (Bhandara) LimitedPursuant to Regulation 30 SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and in continuation to the announcement dated March 04, 2021, Ashoka Buildcon Limited (￢ﾀﾜthe Company￢ﾀﾝ) is pleased to inform that the Company￢ﾀﾙs Wholly Owned Subsidiary viz. Viva Infrastructure Limited (￢ﾀﾜVIL￢ﾀﾝ) has acquired 49% stake (1,27,95,399 equity shares of Rs.10/- each fully paid) held by IIF and the Company has acquired One (1) Equity Share of Rs.10/-, held by IDFC Limited in Ashoka Highways (Bhandara) Limited (￢ﾀﾜAHBL / SPV￢ﾀﾝ). This is pursuant to pursuant to share purchase agreement by the Company and Ashoka Concessions Limited with India Infrastructure Fund (IIF). Post-acquisition of 49% stake by VIL, Ashoka Concessions Limited, a subsidiary of the Company along with the Company and VIL holds 2,61,13,062 (100%) shares in AHBL w.e.f. September 23, 2022. Please note that AHBL executes the Project awarded by NHAI viz. ￢ﾀﾘTo carry on the business of Construction, Operation and Maintenance of Chattisgarh / Maharashtra Border - Wainganga Bridge Section from Km. 405.000 to Km. 485.000 of NH-6 in the state of Chattisgarh and Maharashtra under NHDP phase IIIA on BOT basis.￢ﾀﾙ | Download
Ashoka Buildcon Limited has informed the Exchange about Updates on acquisition of stake in Ashoka Highways (Bhandara) LimitedPursuant to Regulation 30 SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and in continuation to the announcement dated March 04, 2021, Ashoka Buildcon Limited (￢ﾀﾜthe Company￢ﾀﾝ) is pleased to inform that the Company￢ﾀﾙs Wholly Owned Subsidiary viz. Viva Infrastructure Limited (￢ﾀﾜVIL￢ﾀﾝ) has acquired 49% stake (1,27,95,399 equity shares of Rs.10/- each fully paid) held by IIF and the Company has acquired One (1) Equity Share of Rs.10/-, held by IDFC Limited in Ashoka Highways (Bhandara) Limited (￢ﾀﾜAHBL / SPV￢ﾀﾝ). This is pursuant to pursuant to share purchase agreement by the Company and Ashoka Concessions Limited with India Infrastructure Fund (IIF). Post-acquisition of 49% stake by VIL, Ashoka Concessions Limited, a subsidiary of the Company along with the Company and VIL holds 2,61,13,062 (100%) shares in AHBL w.e.f. September 23, 2022. Please note that AHBL executes the Project awarded by NHAI viz. ￢ﾀﾘTo carry on the business of Construction, Operation and Maintenance of Chattisgarh / Maharashtra Border - Wainganga Bridge Section from Km. 405.000 to Km. 485.000 of NH-6 in the state of Chattisgarh and Maharashtra under NHDP phase IIIA on BOT basis.￢ﾀﾙ | Download
Cash Dividend
Interim • Div/Share: ₹ 0.8
Intrinsic ValueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa
Current price is less than the intrinsic value