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Ashoka Buildcon targets order inflow of Rs 50 billion

Ashoka Buildcon targets order inflow of Rs 50 billion

The company has been the biggest beneficiary of an uptick in orders in roads, due to its dual business exposure and access to Rs 14 billion of cash inflows over FY2016-18E. The company is targeting order inflow of Rs 40-50 billion in the roads segment and Rs 5-8 billion in the power segment.