Ahluwalia Contracts (India) Limited secures orders worth Rs. 528 crore

Ahluwalia Contracts (India) Limited, a construction service provider based in West Bengal, informed through a company update to the exchanges that it secured new orders worth Rs. 528.44 crore.

The company on Monday informed that the orders include Construction of Government Dental College & Hospital at Rahui, Dist. Nalanda (Bihar) which is worth Rs. 383.45 crore. Along with this, it also received a new order of Rs. 144.99 crore for Construction of Cultural Centre at Bodhgaya Bihar. The total order inflow for FY 2018-19 stood at Rs. 3,103.77 crore.

Ahluwalia Contracts (India) Limited is engaged in providing construction related services including design on turnkey basis with turnover of about Rs. 1,700 crore for FY18. The company's projects include commercial complexes, hospitals, hotels and retail malls.

On Monday, November 5, 2018, at 12.20 pm, the stock traded at Rs. 314 per share, higher by 1.28 per cent on BSE Sensex, while the index traded 102 points down at 34,909.