Ahluwalia Contracts gains as BNP Paribas acquires 1.24% stake in company

21 Nov 2014

Ahluwalia Contracts (India) is currently trading at Rs. 183.95, up by 9.25 points or 5.29% from its previous closing of Rs. 174.70 on the BSE.

The scrip opened at Rs. 178.40 and has touched a high and low of Rs. 189.50 and Rs. 177.90 respectively. So far 205765 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. 21.15 on 28-Jan-2014.

Last one week high and low of the scrip stood at Rs. 177.00 and Rs. 150.50 respectively. The current market cap of the company is Rs. 1152.32 crore.

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

BNP Paribas Arbitrage gas bought 778,316 shares or 1.24% stake of Ahluwalia Contracts via open market. Of total, BNP Paribas Arbitrage has acquired 414,357 shares at Rs 167.06 per share on NSE and 363,959 shares at Rs 166.50 per share on BSE.

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.

Related Ahluwalia Contracts (India) Ltd. Links:

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