Ahluwalia Contracts rises on securing two orders
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Ahluwalia Contracts (India) is currently trading at Rs. 440.90, up by 4.15 points or 0.95% from its previous closing of Rs. 436.75 on the BSE.
The scrip opened at Rs. 442.00 and has touched a high and low of Rs. 451.20 and Rs. 440.90 respectively. So far 140 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. 354.25 on 27-Oct-2021.
Last one week high and low of the scrip stood at Rs. 451.20 and Rs. 417.15 respectively. The current market cap of the company is Rs. 2925.68 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 orders for construction work of Amity Campus Hyderabad (Telangana) from Ritnand Balved Education Foundations worth of Rs 60 crore and construction of civil, structural and external development work of Muthoot Hospital from Muthoot Hospital worth of Rs 43 crore approximately.
The order inflow during the FY 2022-23 stands at Rs 3114.72 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.
