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HomeNewsBusinessStocksAhluwalia Contracts rises 2% on Rs 199.86 crore order win

Ahluwalia Contracts rises 2% on Rs 199.86 crore order win

The order includes extension of construction work for Amity University campus Kolkata worth Rs 115 crore, the construction of school building for Anandilal & Ganesh Podar Society Mumbai of Rs 49.86 crore.

March 31, 2016 / 12:01 IST
     
     
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    Moneycontrol BureauShares of Ahluwalia Contracts rose 2.6 percent intraday Thursday as it has secured new order worth Rs 199.86 crore for construction of institutional building, including electrical, plumbing & firefighting services.The order includes extension of construction work for Amity University campus Kolkata worth Rs 115 crore and the construction of school building for Anandilal & Ganesh Podar Society, Mumbai of Rs 49.86 crore.It also includes order worth Rs 35 crore for extension of construction work for Bennett University greater Noida."The company is lowest bidder in project valued approximately Rs 965 crore and the projects bided under pipeline are Rs 2500 crore," as per BSE filing."The total order inflow during the FY2015-16 stands at Rs 1534.04 crore and its unexecuted order book as on date stands at Rs 4025 crore," it added.At 11:55 hrs Ahluwalia Contracts India was quoting at Rs 285, up Rs 4.20, or 1.50 percent on the BSE.Posted by Rakesh Patil

    first published: Mar 31, 2016 12:01 pm

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