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Ahluwalia Contracts (India) zooms on bagging order worth Rs 426.57 crore

13 Jun 2023 Evaluate

Ahluwalia Contracts (India) is currently trading at Rs. 617.00, up by 30.55 points or 5.21% from its previous closing of Rs. 586.45 on the BSE.

The scrip opened at Rs. 597.95 and has touched a high and low of Rs. 643.95 and Rs. 594.10 respectively. So far 31364 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 643.95 on 13-jun-2023 and a 52 week low of Rs. 371.75 on 20-Jun-2022.

Last one week high and low of the scrip stood at Rs. 643.95 and Rs. 563.05 respectively. The current market cap of the company is Rs. 4249.02 crore.

The promoters holding in the company stood at 55.32%, while Institutions and Non-Institutions held 39.47% and 5.21% respectively.

Ahluwalia Contracts (India) has secured an order for Construction of Civil, Structure and External Development work for Retail Block at Aerocity, New Delhi worth of Rs 426.57 crore. The order inflow during the current FY 2023-24 stands at Rs 4177.83 crore till date.

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.

Peers
Company Name CMP
Lodha Developers 1143.40
Prestige EstatesProj 1472.65
Dilip Buildcon 423.25
DLF 671.35
Oberoi Realty 1844.00
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