Ahluwalia Contracts bags orders worth Rs 661 cr for construction work

The company bagged work order worth Rs 532 crore from Central Public Works Department New Delh

Ahluwalia Contracts (India) Ltd on Monday said it has bagged contracts worth Rs 661 crore for construction as well as electrical works in the national capital and Haryana.

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 distt Mohinder Garh (Haryana) from Haryana PWD, B&R.

The company bagged another work order worth Rs 532 crore from Central Public Works Department (CPWD), New Delhi for construction related work on Engineering, Procurement, and Construction (EPC) basis at K G Marg and Africa Avenue, Near Sarojini Nagar Depot.

The total order inflow of Ahluwalia Contracts (India) Ltd during FY20 stood at Rs 3,900.96 crore, the filing said.

Shares of the company were trading at Rs 323.10 a piece on BSE, down 1.30 per cent from the previous close.



Dear Reader,


Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.

We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

Business Standard is now on Telegram.
For insightful reports and views on business, markets, politics and other issues, subscribe to our official Telegram channel