Ahluwalia Contracts (India) secures new projects worth Rs530 crore; Stock slips 1%

18 Nov 2022 , 12:52 PM

Ahluwalia Contracts (India) Limited stocks in focus as the company has secured major orders aggregating to Rs530.05 crore.

As per the filing, the new orders as here under:

• MMRDA work for Design, Fabrication, Supply and Erection of Pre-engineering Building Structural Steel Works at Mandale Depot cum workshop at Mumbai Metro Rail project of MMRDA – Rs68.05 crore

• Light House Major Upgradation for Chandigarh Railway Station on Modular Concept on Engineering Procurement and Construction EPC Mode at Chandigarh – Rail Land Development Authority, New Delhi – Rs462.00 crore

The order inflow during the FY 2022-23 stands at Rs3644.77 crore, till date, the company said in a filing on Thursday.

On Friday, at around 12:54 PM, Ahluwalia Contracts (India) Ltd is currently trading at Rs432.60 per share down by Rs4.7 or 1.07% from its previous closing of Rs437.30 per share on the BSE.

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