Ahluwalia Contracts (India) soars on securing orders worth Rs 2157 crore
Ahluwalia Contracts (India) is currently trading at Rs. 1221.60, up by 52.15 points or 4.46% from its previous closing of Rs. 1169.45 on the BSE.
The scrip opened at Rs. 1280.05 and has touched a high and low of Rs. 1331.50 and Rs. 1221.60 respectively. So far 8298 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1384.40 on 29-May-2024 and a 52 week low of Rs. 563.05 on 08-Jun-2023.
Last one week high and low of the scrip stood at Rs. 1384.40 and Rs. 1158.75 respectively. The current market cap of the company is Rs. 8212.67 crore.
The promoters holding in the company stood at 55.32%, while Institutions and Non-Institutions held 39.36% and 5.32% respectively.
Ahluwalia Contracts (India) has secured orders worth Rs 2245.15 crore. Out of the total, the order worth Rs 2157 crore (Excluding GST) is from India Jewellery Park, Mumbai for Design, Engineering, Procurement and Construction (EPC) for Construction & Development of Gems & Jewellery Park in Mahape, Navi Mumbai and order worth Rs 88.15 crore (Excluding GST) is from Daffodil Hotel for Civil work for Park Hyatt Goa Pocket at 131 Arossium Village Taluka Mormugao Distt South Goa.
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.