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Ahluwalia Contracts zooms on bagging orders worth Rs 521.71 crore

Ahluwalia Contracts (India) is currently trading at Rs. 325.00, up by 22.00 points or 7.26% from its previous closing of Rs. 303.00 on the BSE.

The scrip opened at Rs. 314.20 and has touched a high and low of Rs. 344.95 and Rs. 314.20 respectively.

The BSE group ‘B’ stock of face value Rs. 2 has touched a 52 week high of Rs. 385.00 on 28-May-2019 and a 52 week low of Rs. 243.60 on 07-Feb-2019.

Last one week high and low of the scrip stood at Rs. 344.95 and Rs. 283.00 respectively. The current market cap of the company is Rs. 2029.72 crore.

The promoters holding in the company stood at 58.00%, while Institutions and Non-Institutions held 38.42% and 3.57% respectively.

Ahluwalia Contracts (India) has secured order of Rs 208 crore for construction of NICL work at corporate office building, Rajarhat, Kolkata, another new order of Rs 161 crore for construction of parivahan parisar at Phulwarisarif Patna (Bihar) (Engineering Procurement and Construction Basis) and Other new orders of Rs 152.71 crore for construction of bluegrass residences – residential development for sagitarius ecospaces LLP at Kalyani Nagar, Pune. The total order inflow during the FY 2019- 20 stands at Rs 1449.30 crore.

Ahluwalia Contracts (India) is engaged in providing construction related services including design on turnkey basis and assuring timely completion of projects within budget and with excellent quality.

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