Ahluwalia Contracts Share Price | The contract is worth of Rs 572 crore and to be executed in 24 months.
ICICI Direct is bullish on Ahluwalia Contracts recommended buy rating on the stock with a target price of Rs 800 in its research report dated June 05, 2023.
Ahluwalia Contracts has a strong order book of Rs 8,162.7 crore as of FY23 end, 2.9 times book to bill, which was at an all-time high.
HDFC Securities is bullish on Ahluwalia Contracts has recommended buy rating on the stock with a target price of Rs 700 in its research report dated May 29, 2023.
Ahluwalia Contracts reported a 62 percent increase in net profit to Rs 72.2 crore during March quarter while sales grew 18 percent YoY amounting to Rs 863 crore.
The likes of Tata Projects, JK Infra, ITD Cementation, Dineshchandra R Agrawal Infracon, Creative Group LLP and Assystem Stup that earlier bid for the project have dropped out.
HDFC Securities is bullish on Ahluwalia Contracts has recommended buy rating on the stock with a target price of Rs 568 in its research report dated February 14, 2023.
The contract awarded by Reimagining Higher Education Foundation (RHEF), Plaksha University in Punjab pertains to the construction of one of its hostels.
The company, headquartered in Delhi, quoted an amount of around Rs 1,119 crore, 3.50 percent less than the Rs 1,160-crore cost estimated by the CPWD, which has been executing the Modi government's ambitious Central Vista Redevelopment project.
HDFC Securities is bullish on Ahluwalia Contracts has recommended buy rating on the stock with a target price of Rs 388 in its research report dated February 16, 2021.
Dolat Capital Market recommended accumulate rating on Ahluwalia Contracts with a target price of Rs 326 in its research report dated February 15, 2021.
The share touched its 52-week high Rs 369.30 and 52-week low Rs 136.05 on February 27, 2020 and April 8, 2020, respectively.
The share touched its 52-week high Rs 369.30 and 52-week low Rs 136.05 on 27 February, 2020 and 08 April, 2020, respectively.
HDFC Securities is bullish on Ahluwalia Contracts has recommended buy rating on the stock with a target price of Rs 286 in its research report dated August 16, 2020.
Dolat Capital recommended accumulate rating on Ahluwalia Contracts with a target price of Rs 266 in its research report dated August 14, 2020.
HDFC Securities is bullish on Ahluwalia Contracts has recommended buy rating on the stock with a target price of Rs 265 in its research report dated July 01, 2020.
Dolat Capital recommended reduce rating on Ahluwalia Contracts with a target price of Rs 212 in its research report dated July 01, 2020.
In a regulatory filing, the company said it has secured new orders aggregating to Rs 129 crore for electrical works of medical college at Village Koriyawas
The company has bagged another "new order of Rs 161 crore for construction of Parivahan Parisar at Phulwarisarif Patna (Bihar).
Dolat Capital is bullish on Ahluwalia Contracts has recommended buy rating on the stock with a target price of Rs 333 in its research report dated September 11, 2019.
Net Sales are expected to increase by 13.9 percent Y-o-Y (down 5.6 percent Q-o-Q) to Rs. 460 crore, according to Reliance Securities.
Net Sales are expected to increase by 31.6 percent Y-o-Y (up 8.2 percent Q-o-Q) to Rs. 475 crore, according to HDFC Securities.
HDFC Securities is bullish on Ahluwalia Contracts has recommended buy rating on the stock with a target price of Rs 465 in its research report dated November 16, 2018.
Dolat Capital is bullish on Ahluwalia Contracts has recommended buy rating on the stock with a target price of Rs 453 in its research report dated November 15, 2018.