Ahluwalia Contracts is currently trading at Rs. 126.20, up by 3.25 points or 2.64% from its previous closing of Rs. 122.95 on the BSE.
The scrip opened at Rs. 127.95 and has touched a high and low of Rs. 128.00 and Rs. 125.20 respectively. So far 4470 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 229.25 on 20-Sep-2010 and a 52 week low of Rs. 101.00 on 24-May-2011.
Last one week high and low of the scrip stood at Rs. 129.85 and Rs. 120.20 respectively. The current market cap of the company is Rs. 771.67 crore.
The promoters holding in the company stood at 72.61% while Institutions and Non-Institutions held 17.55% and 9.84% respectively.
Credit rating agency, CARE has reaffirmed ‘A1’ rating assigned to Rs 50 crore Commercial Paper (CP) programme of Ahluwalia Contracts (India).
The ratings continue to derive strength from the company’s experience in diversified construction activities, past track record and project execution capabilities, increasing order book position, reputed clients, comfortable margins and moderate gearing levels.
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.