Meanwhile, the BSE Sensex was up 167.70 points, or 0.6%, to 28,235.26

On BSE, so far 2.06 lakh shares were traded in the counter, compared with an average volume of 48,369 shares in the past one quarter.

The stock hit a high of Rs 189.50 and a low of Rs 177.90 so far during the day. The stock hit a 52-week high of Rs 197.80 on 12 September 2014. The stock hit a 52-week low of Rs 21.15 on 28 January 2014.

The stock had outperformed the market over the past one month till 20 November 2014, rising 16.51% compared with the Sensex's 6.2% rise. The stock had also outperformed the market in past one quarter, surging 16.31% as against Sensex's 6.66% rise.

The small-cap company has an equity capital of Rs 12.55 crore. Face value per share is Rs 2.

BNP Paribas Arbitrage bought 7.78 lakh shares or 1.24% stake in Ahluwalia Contracts (India) on Thursday, 20 November 2014. BNP Paribas Arbitrage bought 3.63 lakh shares of Ahluwalia Contracts (India) at an average price of Rs 166.50 per share in a bulk deal on BSE on Thursday, 20 November 2014. The foreign fund also bought 4.14 lakh shares of Ahluwalia Contracts (India) at an average price of Rs 167.06 per share in a bulk deal on NSE on Thursday, 20 November 2014.

Ahluwalia Contracts (India)'s net profit surged 1312.2% to Rs 16.24 crore on 3.9% fall in net sales to Rs 238.94 crore in Q2 September 2014 over Q2 September 2013.

Ahluwalia Contracts (India) is one of the leading civil contractors in India.