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Ahluwalia Contracts (India) zooms on bagging order from Emaar India

05 Feb 2024 Evaluate

Ahluwalia Contracts (India) is currently trading at Rs. 927.50, up by 62.55 points or 7.23% from its previous closing of Rs. 864.95 on the BSE.

The scrip opened at Rs. 860.20 and has touched a high and low of Rs. 930.60 and Rs. 859.35 respectively. So far 8681 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 930.60 on 05-Feb-2024 and a 52 week low of Rs. 448.60 on 20-Mar-2023.

Last one week high and low of the scrip stood at Rs. 930.60 and Rs. 815.10 respectively. The current market cap of the company is Rs. 6154.15 crore.

The promoters holding in the company stood at 55.32%, while Institutions and Non-Institutions held 39.06% and 5.62% respectively.

Ahluwalia Contracts (India) has secured an order from Emaar India for worth Rs 394.36 crore plus GST. The company has received order for construction of Residential Tower & Club House Works for PH-I & II (T1, T2, T3, T4, NTA, Club & EWS) at Urban Oasis, Gurgaon, Haryana. 

Earlier, the company had secured an order for Expansion of Max Smart Super Specialty Hospital (A Unit of Gujarmal Modi Hospital and Research Center for Medical Sciences) at Saket New Delhi, on item rate contracts basis of Rs 180 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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