The announcement was made after trading hours on Monday, 9 April 2012.

Meanwhile, the BSE Sensex was down 37.74 points, or 0.22%, to 17,184.40

On BSE, 13,792 shares were traded in the counter as against an average daily volume of 3,288 shares in the past one quarter.

The stock hit a high of Rs 70.20 and a low of Rs 67.70 so far during the day. The stock had hit a 52-week high of Rs 143.90 on 8 April 2011 and a 52-week low of Rs 45.60 on 30 December 2011.

The small-cap construction company has an equity capital of Rs 12.55 crore. Face value per share is Rs 2.

In a press release Ahluwalia Contracts (India) said contracts worth Rs 403.85 crore are for construction of residential building in major cities from leading developers. Orders worth Rs 132.18 crore are for construction of hotels, Rs 100.50 crore for construction of institutional building, Rs 38.29 crore for construction of industrial building, Rs 36.24 crore for construction of retails and Rs 31 crore for construction of infrastructures. The company's orders in services segment (electromechanical, plumbing and firefighting) were pegged at Rs 62.73 crore. The company received orders worth Rs 1287 crore in the year ended March 2012, Ahluwalia Contracts (India) said.

Ahluwalia Contracts (India) reported net loss of Rs 16.76 crore in Q3 December 2011 as compared with net profit of Rs 14.14 crore in Q3 December 2010. Net sales fell 5.9% to Rs 355.76 crore in Q3 December 2011 over Q3 December 2010.