India, Feb. 9 -- This Small-cap Infra Stock, engaged in highway construction, EPC projects, BOT/HAM road development, railways, power transmission, urban water supply, and smart city infrastructure, jumped 5.87 percent after receiving an order worth Rs. 241.93 crore from Bihar Rajya Pul Nirman Nigam Limited

With a market capitalization of Rs. 4,582.81 crores, the share of Ashoka Buildcon Limited has reached an intraday high of Rs. 164 per equity share, rising nearly 5.87 percent from its previous day's close price of Rs. 154.90. Since then, the stock has retreated and is currently trading at Rs. 163.25 per equity share.

Reason Behind the Surge Ashoka Buildcon Limited has received a Letter of Acceptance through its joint venture with A...