Rs 13,143 Crore Order Book: This Construction Company Bags Order Worth Rs 350.35 Crore from Bharat Aluminium Company!
The company’s shares have delivered an impressive return of over 75 per cent in the past 1 year only.
Ahluwalia Contracts (India) Limited has been awarded a significant contract by Bharat Aluminium Company Ltd (BALCO) for the design and construction of 756 units of 2 BHK apartments at BALCO's Kobra site in Chhattisgarh. The project, valued at Rs 350.35 crore (excluding GST), will be executed on an Engineering, Procurement, and Construction (EPC) basis. The construction is slated for completion within 28 months, reflecting Ahluwalia Contracts' expertise in delivering large-scale residential projects.
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 (India) Limited shares are trading at around Rs 1286.10 per share. The company’s current market capitalization stands at Rs 8648.43 crore. The stock has delivered a return of around 80 per cent in just 1 year.
As per the Quarterly Results, in the first quarter of FY25, Ahluwalia Contracts (India) Limited recorded a revenue of Rs 919 crore. The operating profit stood at Rs 60 crore. The net profit for was Rs 31 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.