Ahluwalia Contracts (India) secures new project worth Rs103 crore; Stock rallies 3%

27 Oct 2022 , 09:17 AM

Ahluwalia Contracts (India) Limited has informed to the exchanges regarding recent award of project worth Rs103 crore.

As per the filing, the company has secured orders for Construction work of Amity Campus Hyderabad (Telangana) from Ritnand Salved Education Foundations Worth of Rs60 crore and Construction of Civil, Structural and External Development work of Muthoot Hospital from Muthoot Hospital Pvt. Ltd worth of Rs43 crore Approx.

Further, the order inflow during the FY2022-23 stands at Rs3114.72 crore, till date, the company said.

At around 9:17 AM, Ahluwalia Contracts (India) Ltd is currently trading at Rs451.20 per share up by Rs14.45 or 3.31% from its previous closing of Rs436.75 per share on the BSE.

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