/ Ahluwalia Contracts Clocks 5.3% Gains After Order Win ~ Ways2Capital|Stock Tips|Stock Market Tips|Intraday Stock Tips|Stock Trading Tips|NSE BSE Tips

Thursday, 31 March 2016

Ahluwalia Contracts (India) Ltd ended at Rs. 295.6, up by Rs. 14.8 or 5.27% from its previous closing of Rs. 280.8 on the BSE. The company bagged orders worth of Rs 115 crore for extension of construction work for Amity University campus Kolkata, worth Rs 49.86 crore for construction of school building for Anandilal & Ganesh Podar Society Mumbai, worth Rs 35 crore for extension of construction work for Bennett University Greater Noida.

The company is currently L1 in project valued around Rs 965 crore and the projects bided under pipeline are Rs 2500 crore, Ahluwalia Contracts (India) said. The total order inflow during the year ending 31 March 2016 stands at Rs 1534.04 crore. The company's unexecuted order book as on date stands at Rs 4025 crore, it added.

The scrip opened at Rs. 284.9 and touched a high and low of Rs. 300 and Rs. 275.7 respectively. A total of 204589(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 1881.01 crore.

The BSE group 'B' stock of face value Rs. 2 touched a 52 week high of Rs. 303 on 06-Jan-2016 and a 52 week low of Rs. 189.2 on 16-Jun-2015. Last one week high and low of the scrip stood at Rs. 284 and Rs. 259 respectively. The promoters holding in the company stood at 62.43 % while Institutions and Non-Institutions held 28.77 % and 8.8 % respectively.

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