Ahluwalia Contracts surges on securing new order from IISc Medical School Foundation
Ahluwalia Contracts (India) is currently trading at Rs. 458.00, up by 1.95 points or 0.43% from its previous closing of Rs. 456.05 on the BSE.
The scrip opened at Rs. 464.30 and has touched a high and low of Rs. 464.30 and Rs. 457.00 respectively. So far 1294 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. 474.00 and Rs. 443.25 respectively. The current market cap of the company is Rs. 3061.33 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 has secured new order from IISc Medical School Foundation, Bangalore for construction of IISc Medical School at Bangalore worth of Rs 220 crore. The order inflow during the FY2022-23 stands at Rs 2352.13 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.