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Ahluwalia Consolidated September 2023 Net Sales at Rs 901.55 crore, up 44.75% Y-o-Y

Ahluwalia Standalone September 2023 Net Sales at Rs 901.55 crore, up 44.75% Y-o-Y

Ahluwalia Contracts (India) has fixed 22 September 2023 as record date for payment of dividend. 

Ahluwalia Contracts (India) fixes record date for dividend 

Ahluwalia Contracts (India) announced that the Annual General Meeting (AGM) of the company will be held on 29 September 2023.

Ahluwalia Contracts (India) schedules AGM

Ahluwalia Consolidated June 2023 Net Sales at Rs 763.61 crore, up 25.34% Y-o-Y

ICICIdirect initiates coverage with a buy rating with a target of Rs 800 per share (based on 16x FY25 P/E).

Ahluwalia Contract shares gain 5% on contract win worth Rs 199 crore

Ahluwalia Contracts (India) has secured an order for Civil Structural, Facade and Related External Development Works for Enterprise Computing and Cybersecurity Training Institute at Bhubaneshwar, Orrisa from Indian Financial Technology and Allied Services, project worth of Rs. 199.58 crore. The order inflow during the current FY 2023-24 stands at Rs.4377.41 crore till date

Ahluwalia Contracts wins order worth Rs 199.58 cr 

The scope of order entails civil structural, facade and related external development works for Enterprise Computing and Cybersecurity Training Institute at Bhubaneshwar, Orrisa from Indian Financial Technology and Allied Services, project.The order inflow during the current FY 2023-24 stands at Rs 4,377.41 crore till date.Ahluwalia Contracts project portfolio encompasses projects across residential and commercial complexes, hotels, institutional buildings, hospitals and corporate offices, information technology (IT) parks and industrial complexes.The companys consolidated net profit soared 70.4% to Rs 72.16 crore on 18.1% jump in revenue from operations to Rs 863.05 crore in Q4 FY23 over Q4 FY22.

Ahluwalia Contracts gains on Rs 199-cr order win

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.

Buy Ahluwalia Contracts; target of Rs 800: ICICI Direct

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.

ICICI Securities says 'buy' Ahluwalia Contracts, stock hits record high

Ahluwalia Contracts (India) Ltd. engages in the business of civil construction activities. The firm is also involved in developing and operating a commercial complex under license arrangement. It operates through the following segments: Construction Contract, Lease Rental, and Others. The Others segment focuses on the real estate trading business. The company was founded by Bikramjit Ahluwalia on June 2, 1979 and is headquartered in New Delhi, India.

Watchers	17
52-Wk Low	429.20
52-Wk High	863.55

Market Cap	54.52B
Volume (M)	61,068.00
52-Wk High	863.55
52-Wk Low	429.20

AHLUCONT.NSE Ahluwalia Contracts (India) Ltd.

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