Ahluwalia Contracts India Ltd secures orders totaling Rs. 504 crores

Ahluwalia Contracts (India) Limited has secured 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 Rs. 630.95 Crores, (NRS 1001.50 CR) @ NRS 0.63 Paisa and the Company's share is 70% amounting to Rs. 442 Crores (Approx.).

- Re-Construction of Assam Bhawan Chanakyapuri, Delhi for Rs.62.00 Crores (approx.).

The total new order inflow for these projects stands at Rs.504 Crores.

Shares of Ahluwalia Contracts (India) Limited was last trading in BSE at Rs. 391.35 as compared to the previous close of Rs. 397.50. The total number of shares traded during the day was 1339 in over 191 trades.

The stock hit an intraday high of Rs. 401.00 and intraday low of 376.95. The net turnover during the day was Rs. 523046.00.

Source : Equity Bulls

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