March 21, 2018 / 4:38 AM / 4 months ago

BUZZ-India's Ashoka Buildcon surges; co gets contract for 2 road projects

** Construction and engineering firm Ashoka Buildcon Ltd rises as much as 13.3 pct to 263.20 rupees, its highest since Feb 15

** Co was the lowest bidder for two road projects on NH 753J in the western state of Maharashtra

** Aggregate cost quoted by co for the projects is 4.48 billion Indian rupees ($68.71 million)

** Stock posts its biggest intraday pct gain since July 2015

** Over 1 mln shares traded, compared to 30-day average of 277,270 shares ($1 = 65.2000 Indian rupees)

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