Ahluwalia Contracts rises on securing new orders worth Rs 676.36 crore

22 May 2015 Evaluate

Ahluwalia Contracts (India) is currently trading at Rs. 252.00, up by 4.30 points or 1.74% from its previous closing of Rs. 247.70 on the BSE.

The scrip opened at Rs. 255.00 and has touched a high and low of Rs. 257.00 and Rs. 251.50 respectively. So far 17,000 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 293.80 on 08-Apr-2015 and a 52 week low of Rs. 73.00 on 26-May-2014.

Last one week high and low of the scrip stood at Rs. 257.00 and Rs. 234.90 respectively. The current market cap of the company is Rs. 1,688.00 crore.

The promoters holding in the company stood at 66.87% while Institutions and Non-Institutions held 20.14% and 12.99% respectively.

Ahluwalia Contracts (India) has secured new orders aggregating to approximately Rs 676.36 crore for construction of Institutional/Residential Building, including Electrical, Plumbing & Firefighting Services. The order worth Rs 293.75 crore is for construction work for OPD Block & other associated services for AIIMS Delhi; Rs 204.44 crore for construction of Mother & Child Block AIIMS Delhi; Rs 163.17 crore for construction of office Building Income Tax Department Mumbai and Rs 15 crore for construction of Commercial building for Kumar Builder.

In addition, the company is currently L1 in project valued approximately Rs 350 crore & the projects bidded under pipeline are Rs 1800 crore. The total order inflow during the FY 2015- 2016 stands at Rs 676.36 crore and as on date the company’s order book stand at approximately Rs 4,146 crore.

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.


Ahluwalia Contract(I Share Price

926.35 -18.40 (-1.95%)
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