Ahluwalia Contracts (India) rose 5.95% to Rs 302 at 13:45 IST on BSE after the company said it secured new order of approximately Rs 425.42 crore for construction of government medical college and hospital building at Chapra, Bihar.
The announcement was made during trading hours today, 17 December 2018.Meanwhile, the S&P BSE Sensex was up 213.45 points, or 0.59% to 36,176.38.
On the BSE, 306 shares were traded in the counter so far compared with average daily volumes of 334 shares in the past two weeks. The stock had hit a high of Rs 304.95 and a low of Rs 298.20 so far during the day.
The stock hit a 52-week high of Rs 445 on 8 May 2018. The stock hit a 52-week low of Rs 256 on 4 October 2018.
The total order inflow during the financial year 2018-2019 stands at Rs 3529.19 crore.
Net profit of Ahluwalia Contracts (India) rose 20.9% to Rs 31.16 crore on 31.3% increase in net sales to Rs 439.20 crore in Q2 September 2018 over Q2 September 2017.
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Ahluwalia Contracts (India) is one of the largest civil contractors in India.
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