Ahluwalia Contracts trade jubilantly on bagging new orders worth Rs 178.00 crore

09 Oct 2014 Evaluate

Ahluwalia Contracts (India) is currently trading at Rs. 158.85, up by 8.75 points or 5.83% from its previous closing of Rs. 150.10 on the BSE.

The scrip opened at Rs. 159.70 and has touched a high and low of Rs. 159.95 and Rs. 155.35 respectively. So far 6614 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 197.80 on 12-Sep-2014 and a 52 week low of Rs. 18.35 on 09-Oct-2013.

Last one week high and low of the scrip stood at Rs. 160.50 and Rs. 148.35 respectively. The current market cap of the company is Rs. 942.07 crore.

The promoters holding in the company stood at 72.61 % while Institutions and Non-Institutions held 14.90 % and 12.49 % respectively.

Ahluwalia Contracts (India) has secured new orders aggregating to approximately Rs 178.00 crore for Construction of Housing Project including Finishing & Electrical works. The new aggregating order in first half of the financial year 2014-15 of the company stood approximately at Rs 792.85 crore. The unexecuted order book as on September 30, 2014 stands around Rs 3,350 crore.

Further, the company has entered into technical collaboration with KUB STROY Russia for High Speed Precast Construction using KUB 2.5 Technology. The technology aids in high speed construction of structure using patented precast system.

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.

 

Ahluwalia Contract(I Share Price

1217.00 23.35 (1.96%)
14-Jun-2024 16:01 View Price Chart
Peers
Company Name CMP
Dilip Buildcon 500.10
Macrotech Developers 1556.25
NBCC (India) 159.50
Prestige EstatesProj 1927.50
DLF 877.95
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