Rs 11,179.93 crore order book and 250 per cent returns: This multibagger civil construction stock bags new orders worth Rs 1474.48 crore!

Shares of the company gained more than 80 per cent in the last six months.

Ahluwalia Contracts (India) Limited has secured two significant contracts totalling over Rs 1.474.48 crore. The first project, valued at Rs 581 crore, involves civil and structural work for a housing project named "The Edition" in Gurugram, Haryana. This domestic project has a completion timeframe of 30 months.

The second project, awarded by the Airports Authority of India, is a much larger undertaking valued at Rs 893.48 crore. Ahluwalia Contracts will be responsible for constructing a new terminal building at Lal Bahadur Shastri International Airport in Varanasi using an Engineering, Procurement, and Construction (EPC) model. This domestic project also has a 3-year execution timeline. These wins highlight Ahluwalia Contracts' expertise in both housing and large-scale infrastructure development.

Recently, Ahluwalia Contracts (India) Limited secured two major orders totalling over Rs. 2,245 crores. The first project, valued at Rs. 2,157 crores, was for a Gems & Jewellery Park in Mahape, Navi Mumbai India Jewellery Park. The second order, worth Rs. 88.15 crore, is a domestic civil work contract for the construction of the Park Hyatt Hotel in Goa for Daffodil Hotel Private Limited.

Ahluwalia Contracts (India) Limited is engaged in engineering and contract construction, delivering state-of-the-art infrastructure and building projects for clients in India. The company has an order book of Rs 11,179.93 crore. The stock has also delivered multibagger returns of over 250 per cent in the last three years.

The stock has shown impressive growth, and investors should keep a close eye on this stock.

Disclaimer: The article is for informational purposes only and not investment advice.