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Ashoka Buildcon - Lighter Shoulders, Hitting Stride; Upgrade To 'Buy', Says ICICI Securities

The company has created a strong brand over the years with stable revenue growth of 15% CAGR over FY19–24 to Rs 77 billion, says the brokerage.

<div class="paragraphs"><p>(Source: Ashoka Buildcon Ltd.)</p></div>
(Source: Ashoka Buildcon Ltd.)
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