Ahluwalia Contracts surges on securing orders worth Rs 244.13 crore

Ahluwalia Contracts (India) is currently trading at Rs. 327.00, up by 29.80 points or 10.03% from its previous closing of Rs. 297.20 on the BSE.

The scrip opened at Rs. 302.00 and has touched a high and low of Rs. 336.20 and Rs. 302.00 respectively. So far 45,000 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 336.20 on 06-Sep-2016 and a 52 week low of Rs. 210.00 on 25-Feb-2016.

Last one week high and low of the scrip stood at Rs. 336.20 and Rs. 292.15 respectively. The current market cap of the company is Rs. 2,177.00 crore.

The promoters holding in the company stood at 62.43%, while Institutions and Non-Institutions held 28.37% and 9.20% respectively.

Ahluwalia Contracts (India) has secured new order aggregating approximately to Rs 244.13 crore for construction of Hospital Building, including Electrical, Plumbing & Firefighting Services for Chittaranjan National Cancer Institute at Kolkata. The total order inflow during the FY2016- 2017 stands at Rs 1,209.59 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.