15 Apr 2025

Ahluwalia Contracts Shares Surge Nearly 6% After Securing RS. 396.50 Crore Order from Godrej Properties

Ahluwalia Contracts (India) is trading at RS. 913.00, up by 51.60 points or 5.99% from its previous close of RS. 861.40 on the BSE.

The stock opened at RS. 916.05 and moved between a high of RS. 933.60 and a low of RS. 885.15 during the session. A total of 44,760 shares have been traded so far.

This BSE group 'A' stock, with a face value of RS. 2, has touched a 52-week high of RS. 1540.00 on July 5, 2024, and a 52-week low of RS. 620.65 on February 18, 2025. Over the past week, the scrip’s high and low stood at RS. 933.60 and RS. 746.55, respectively. The current market capitalization of the company is RS. 6115.96 crore.

The company's shareholding structure includes 55.32% held by promoters, 36.40% by institutional investors, and 8.28% by non-institutional investors.

Boosting investor sentiment, Ahluwalia Contracts has secured a major order worth RS. 396.50 crore (excluding GST) from M/s Godrej Properties. The contract involves core and shell works for all towers (T1 to T4), including NTA, club and retail areas, boundary wall, rainwater harvesting (RWH), waterproofing, and lightning protection system (LPS) works at Godrej Riverine project in Noida, Uttar Pradesh. The order is to be executed within 25 months.

Ahluwalia Contracts (India) is a prominent construction services company, offering turnkey project execution including design, and is known for delivering quality projects on time and within budget.