India, June 6 -- The shares of the prominent infrastructure company gained up to 6 percent in today's trading session after the company's subsidiary bagged a work order from the Motor Vehicles Department, Maharashtra, for Rs 1,387.2 crore.

With a market capitalization of Rs 6,316.27 crore, the shares of Ashoka Buildcon Ltd were trading at Rs 225.00 per share, increasing around 3 percent as compared to the previous closing price of Rs 218.90 apiece.

The shares of the Ashoka Buildcon Ltd have seen positive movement after receiving letters of intent worth Rs 1,387.2 crore from the Motor Vehicles Department, Maharashtra, for various circles (Nagpur, Mumbai, Pune, Marathwada, Konkan, and Western Maharashtra). The project involves the design,...