Ahluwalia Contracts secures Rs 353cr orders

Civil construction company Ahluwalia Contracts India today said it has received orders amounting to Rs 352.98 crore from different vendors.  

In a filing to the Bombay Stock Exchange, Ahluwalia Contracts said it has received orders worth Rs 352.98 crore for different construction-related works.    

The company has bagged orders worth Rs 64.84 from Apollo Hospitals Enterprises for supplying, installation and commissioning of various items, an order valued at Rs 27.03 crore for civil construction works from Jindal Stainless at Orissa.  

The company bagged an order for construction of hotels and flats worth Rs 81 crore from Rites Limited in Delhi and another valued Rs 109.47 crore from Bangalore Metro Rail Corp for construction works at Orissa.  

A contract valued at Rs 2.80 crore is received from Serveall Land Developers in Jaipur and a Rs 23.50-crore order has been received from Advanced Medicare & Research Institute at Bhubaneswar.    

Further, the company bagged orders worth Rs 5.27 crore and Rs 23.82 crore from Central Public Works Department, and a Rs 13.11-crore order from Vedanta Aluminium.   

Shares of Ahluwalia Contracts hit its upper circuit at Rs Rs 48.95, up 4.93 per cent on the BSE.