Buy Ashoka Buildcon, target price Rs 302: HDFC Securities

HDFC Securities reaffirms its buy rating for Ashoka Buildcon, raising the target price to Rs 302. The brokerage cites strong revenue projections, asset monetization plans, and margin expansion as key drivers. Ashoka Buildcon, a major infrastructure player, aims for steady revenue in the coming fiscal year. The company's robust financials and strategic initiatives support HDFC Securities' optimistic outlook.