Posted On: July 28, 2023

Stock Report : ASHOKA (NSE) 27 Jul 2023

Outlook: BULLISH

Sector: Industrials 

Industry: Engineering & Construction

Ashoka Buildcon Limited is an infrastructure development company based in India. It specializes in the construction and maintenance of roads, highways, bridges, and power projects. Established in 1993, Ashoka Buildcon has undertaken various government and private sector projects across the country. The company is known for its expertise in engineering and project management, contributing to India’s infrastructure development.  

#xCalData predicts ASHOKA will continue its Bullish phase over the next five days and trend in the range of 97 to 104. 

In comparison to the previous month, the price of the stock has experienced an increase of 25.24% indicating a Bullish. 

The Stock has doubled once since 06 Feb 2015 and took an average of 3.2 years to double. 

The stock has shown seasonality trend in the past. 

Reviewing the returns for the past 5 years for the same week, we see the stock has given positive returns in 4 years in the past. 

Majority of the technical ratios trend towards Bullish side of the spectrum.  

Collectively, xCalData suggests the stock would be in Bullish zone for next 5 days. 

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