Ahluwalia Contracts zooms ~4% on securing new orders worth Rs139.33 crore

18 Jul 2022 , 03:12 PM

Ahluwalia Contracts Limited informed that the company has secured new orders for the Construction of 12 Residential Buildings at Suraksha Smart City Vasai (East) Mumbai (MH). The said order is worth Rs86 crore.

Further, the company has received other order worth Rs53.33 crore for the Construction of 1 Residential Tower Building at Suraksha Smart City, Vasai (East) Mumbai (MH).

After receiving this order, the total order inflow of the company during the FY 2022-23 stands at Rs1,002.33 crore.

Ahluwalia Contracts has a rich history of more than 5 decades in the construction industry in India and around the world in different areas of infrastructure development. It is now among one of India’s largest civil contractors.

At around 3.15 PM, Ahluwalia Contracts was trading at Rs452.50 up by Rs18.4 or 4.24% from its previous closing of Rs434.10 on the BSE. The scrip touched day’s high and low of Rs455.20 and Rs433.20 respectively, so far.