Ahluwalia Contracts (India) secures new project worth Rs504 crore

17 Jun 2022 , 03:17 PM

Ahluwalia Contracts (India) Limited has secured new projects worth Rs504 crore.

The following new orders:

• Construction of National Police Academy, Maharajgunj, Kathmandu – EPC Basis, Janakpur, Nepal (Under Joint Venture (JV)) aggregating to Rs. 442 Crores (Approx.) in Nepal. The total Work Order for this project of Rs630.95 crore, (NRS 1001.50 CR) @ NRS 0.63 Paisa and the Company’s share is 70% amo unting to Rs4 42 crore (Approx.).
• Re-Construction of Assam Bhawan Chanakyapuri, Delhi for Rs62.00 crore (approx.). 

The total new order inflow for these projects stands at Rs504 crores, said company in a regulatory filing.

At around 3:23 PM, Ahluwalia Contracts (India) was trading at Rs390.10 per piece down by Rs7.4 or 1.86% from its previous closing of Rs397.50 per piece on the BSE.