Ahluwalia Contracts share price gained 5% percent in the opening trade on December 17 following the company won a civil construction contract of Rs 888.38 crore.
At 09:17 hrs Ahluwalia Contracts India was quoting at Rs 1,003.45, up Rs 49.00, or 5.13 percent, on the BSE.
Bihar State Tourism Development Corporation has awarded a contract to the company for construction and overall development work of Shri Ram Janmabhoomi Tirtha Kshetra, Ayodhya at Punauradham the birthplace of Mother Sita situated at Sitamarhi District (Bihar) on EPC mode, which is to be executed in 42 months.
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The company had reported 106 percent year-on-year (YoY) rise in its Q2FY26 net profit at Rs 79 crore against the Rs 38.36 crore net profit.
The firm’s revenue from operations rose over 16 percent YoY to Rs 1,177 crore
In the previous trading session, the share closed at Rs 954.45, down Rs 14.75, or 1.52 percent.
The share touched a 52-week high of Rs 1,134.95 and a 52-week low of Rs 620.65 on 02 January, 2025 and 18 February, 2025, respectively.
Currently, the stock is trading 15.9 percent below its 52-week high and 53.78 percent above its 52-week low.
The market capitalisation of the company stands at Rs 6,393.63 crore.
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