Ahluwalia Contracts jumps on securing new order of Rs 150 crore

Ahluwalia Contracts (India) is currently trading at Rs. 439.00, up by 24.40 points or 5.89% from its previous closing of Rs. 414.60 on the BSE.

Ahluwalia Contracts
Ahluwalia Contracts

The scrip opened at Rs. 444.00 and has touched a high and low of Rs. 444.00 and Rs. 426.70 respectively. So far 2182 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 2 has touched a 52 week high of Rs. 563.50 on 11-Apr-2022 and a 52 week low of Rs. 339.80 on 10-Aug-2021.

Last one week high and low of the scrip stood at Rs. 447.90 and Rs. 411.70 respectively. The current market cap of the company is Rs. 2880.47 crore.

The promoters holding in the company stood at 55.32%, while Institutions and Non-Institutions held 39.80% and 4.89% respectively.

Ahluwalia Contracts (India) has secured the new order for construction work of Amity Campus Bengaluru, aggregating to around Rs 150 crore from Ritnand Balved Education Foundation. The total order inflow during the FY 2022-23 stands at Rs 863 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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