Hot Pursuit     04-Oct-17
Ahluwalia Contracts gains after securing new orders
Ahluwalia Contracts (India) was up 1.16% to Rs 305 at 10:22 IST on BSE after the company said it has bagged construction and re-development orders worth Rs 555.77 crore.
The announcement was made after market hours yesterday, 3 October 2017.

Meanwhile, the S&P BSE Sensex was up 145.51 points or 0.46% at 31,642.89. The S&P BSE Small-Cap index advanced 133.12 points or 0.82% at 16,325.70.

On the BSE, 17,000 shares were traded on the counter so far as against the average daily volumes of 8,600 shares in the past one quarter. The stock had hit a high of Rs 317.85 and a low of Rs 303.35 so far during the day. The stock had hit a record high of Rs 409 on 11 May 2017 and a 52-week low of Rs 236 on 11 August 2017.

The stock had outperformed the market over the past one month till 3 October 2017, advancing 8.43% compared with the Sensex's 1.24% fall. The stock had, however, underperformed the market over the past one quarter, sliding 9.97% as against the Sensex's 0.88% rise. The scrip had also underperformed the market over the past one year, declining 1.33% as against the Sensex's 11.52% rise.

The small-cap company has equity capital of Rs 13.40 crore. Face value per share is Rs 2.

Ahluwalia Contracts (India)'s net profit rose 35.3% to Rs 29.52 crore on 64.6% growth in net sales to Rs 504.20 crore in Q1 June 2017 over Q1 June 2016.

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

Previous News
  Ahluwalia Contracts (India) consolidated net profit rises 176.88% in the March 2024 quarter
 ( Results - Announcements 30-May-24   07:37 )
  Ahluwalia Contracts (India) schedules AGM
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 ( Hot Pursuit - 12-Jul-23   15:41 )
  Ahluwalia Contracts (India) consolidated net profit rises 508.37% in the March 2021 quarter
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 ( Results - Announcements 14-Aug-23   17:46 )
  Ahluwalia Contracts (India) wins civil project worth Rs 147 cr
 ( Corporate News - 22-Feb-23   10:45 )
  Board of Ahluwalia Contracts approves execution of a technical service agreement
 ( Corporate News - 02-Aug-22   16:39 )
  Ahluwalia Contracts (India) secures order worth Rs 99.50 cr from Bandhan Bank
 ( Corporate News - 04-Sep-20   14:23 )
  Ahluwalia Contracts (India) to table results
 ( Corporate News - 03-Nov-22   16:49 )
  Ahluwalia Contracts (India) receives reaffirmation in credit ratings for bank facilities
 ( Corporate News - 24-Jun-20   11:49 )
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