CMP: 47

Ashoka Buildcon Ltd. is a construction company. The Company builds and operates roads and bridges in India on a build, operate and transfer (BOT) basis. Ashoka also engineers and designs, procures the raw materials and equipment for and constructs roads, bridges, commercial buildings, industrial buildings and institutional buildings, and collects tolls on roads and bridges.

Ashoka Buildcon is a decent mid-cap trading at a P/E of 7 with dividend yields of 4% in the last 12 months. It runs at a debt of 237 Crores with 34 Crores cash in hand. Revenues have risen from 742 Crores to 1633 Crores in the last 5 years. Profits have risen from 48 Crores to 102 Crores in the last 5 years. Profit margins have stayed stable above 6% over the last 5 years. Buy and hold for long term gains, although the sector is not in the best of moods.