Ashoka Buildcon Share Price in Focus; Receives ₹290.23 Crore Railway Contract

Written by: Team Angel OneUpdated on: 10 Oct 2026, 7:02 pm IST

Ashoka Buildcon has secured a ₹290.23 crore contract from North Eastern Railway for traction power supply installations.

Ashoka Buildcon Ltd has been informed that North Eastern Railway has issued a Letter of Acceptance (LOA) to them regarding Electrification for Extension Up Gradation of Electric Traction Power Supply Installations in Gorakhpur Cantt-Chhapra Gramin section. The contract is for ₹290.23 crore, including GST.

The railway authority issued the letter on October 9, 2026. The work is scheduled to take 24 months from commencement.

Project Covers 2×25 kV Traction System

The contract covers the design, supply, erection, testing and commissioning of traction substations and associated switching posts for a 2×25 kV AT traction feeding system.

The work falls under the Varanasi Division of North Eastern Railway and will be carried out on an Engineering, Procurement and Construction (EPC) basis.

Contract Terms

The project carries a performance bank guarantee requirement of 5% of the contract price. The defect liability period is two years, as stated in the company's filing.

As of 09 October 2026, Ashoka Buildcon Ltd share price closed at ₹102.02 per share, reflecting a surge of 0.61% from the previous trading session.

Conclusion

Ashoka Buildcon's latest railway order is valued at ₹290.23 crore, with the project focused on traction power supply infrastructure and a 24-month execution period.

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Published on: Oct 10, 2026, 1:32 PM IST

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