Ahluwalia Contracts jumps on securing order from Airports Authority of India
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Ahluwalia Contracts (India) is currently trading at Rs. 1420.00, up by 113.55 points or 8.69% from its previous closing of Rs. 1306.45 on the BSE.
The scrip opened at Rs. 1334.00 and has touched a high and low of Rs. 1445.00 and Rs. 1334.00 respectively. So far 9561 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1,473.90 on 5-July-2024 and a 52 week low of Rs. 649.40 on 26-Oct-2023.
Last one week high and low of the scrip stood at Rs. 1473.90 and Rs. 1234.95 respectively. The current market cap of the company is Rs. 8751.59 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 an order from Airports Authority of India for Construction of New Terminal Building, Allied Structure and External Development works on Engineering Procurement and Construction (EPC) Model. Broad consideration or size of the order is Rs 572 crore (Excluding GST). The said order is expected to be executed in 24 months.
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.
