New Delhi, April 23 -- Ashoka Buildcon share price surged for the fourth straight session, climbing almost 5% on Wednesday after the company was granted a Letter of Acceptance (LoA) from Central Railway for a project valued at Rs.568.86 crore.

The company announced in its press release that it has received a Letter of Acceptance (LOA) for the project, which includes tasks such as earthworks, major and minor bridge construction, rubs, permanent way work, and various civil works related to the gauge conversion from Pachora to Jamner (approximately 53.3 km), excluding Pachora Yard and Road Over Bridges.

Additionally, it stated that the Engineering, Procurement, and Construction (EPC) contract is expected to be completed within 30 months. ...