Ahluwalia Contracts jumps on securing order worth Rs 120.23 crore in Assam
Ahluwalia Contracts (India) is currently trading at Rs. 441.50, up by 9.00 points or 2.08% from its previous closing of Rs. 432.50 on the BSE.
The scrip opened at Rs. 434.65 and has touched a high and low of Rs. 451.80 and Rs. 427.25 respectively. So far 9721 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. 358.65 on 24-Feb-2022.
Last one week high and low of the scrip stood at Rs. 451.80 and Rs. 398.85 respectively. The current market cap of the company is Rs. 2947.79 crore.
The promoters holding in the company stood at 55.32%, while Institutions and Non-Institutions held 39.75% and 4.94% respectively.
Ahluwalia Contracts (India) has secured order for construction of Lachit Moidam Memorial & Cultural Complex at Lahdoigarh, Jorhat, Assam from Government of Assam, Office of Chief Engineer, PWD, Building Assam, Project worth around Rs 120.23 crore. The order inflow during the FY 2022-23 stands at Rs 3765 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.