Good news for Ashok bulildcon

In early trading on March 14, Ashoka Buildcon witnessed a 5 percent surge in its shares following its announcement to acquire a 50 percent stake in GVR Ashoka Chennai ORR.Ashoka Buildcon has signed a share purchase agreement with GVR Infra Projects to buy 9.45 crore shares, equivalent to 50 percent of the share capital, for Rs 185 crore.