Rs 1,97,067 million Order Book & FIIs Increased Stake: This Multibagger Infra Company Bags Order Worth Rs 572 Crore, Stock Rallies and Hits 52-Week High Today!
The company’s shares have delivered an impressive return of over 115 per cent in the past 1 year only.
Ahluwalia Contracts Limited has been awarded a contract from the Airports Authority of India for the construction of a new terminal building, allied structures, and external development works under the Engineering Procurement and Construction (EPC) mode. The project involves developing a new civil enclave at Darbhanga Airport in Bihar. The contract is slated to be completed within 24 months. The value of the contract is Rs 572 Crore, exclusive of GST.
The company specializes in engineering and contract construction, focusing on delivering advanced infrastructure and building projects across India. They have a diverse portfolio, including residential, commercial, institutional, and corporate offices, power plants, hospitals, hotels, IT parks, Metro stations and depots, and automated car parking lots. Their clients range from government bodies to private enterprises, showcasing their broad expertise and capability in executing a variety of construction projects.
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Ahluwalia Contracts Limited shares closed the day at around Rs 1466.80 per share. The company’s current market capitalization stands at Rs 9825.74 crore. The stock has delivered a multibagger return of around 118 per cent in just 1 year.
As per the Quarterly Results, in the fourth quarter of FY24, Ahluwalia Contracts Limited recorded a revenue of Rs 1164 crore. The operating profit for Q4 FY24 stood at Rs 104 crore. The net profit for Q4 FY24 was Rs 200 crore. Looking at the annual performance, the company generated a revenue of Rs 3855 crore in FY24, compared to Rs 2838 crore in FY23. The operating profit for FY24 was Rs 388 crore, with a net profit of Rs 375 crore.
Investors must keep this Small-Cap stock on their radar.
Disclaimer: The article is for informational purposes only and not investment advice.