Ahluwalia Contracts bags order worth Rs 128 crore in Patna
Ahluwalia Contracts (India) Limited has secured a new order worth Rs 128 crore for the construction of State Guest House Bodh Gaya on engineering procurement basis (EPC) awarded from Construction Division-1, Building Construction Department, Patna (Bihar).
Earlier in December, the company had bagged an order worth Rs 309.44 crore for the construction of high-rise multi-storied residential complex, located at Z-1 project, phase-3, Nandankanan Road, Kalarahanga, Bhubaneswar (Odisha).
The total order inflow during FY21 stands at Rs 2,214.44 crore. The company’s current order book including stalled projects stands at Rs 8,100 crore + Rs 700 crore from L1 segment. This strong order book gives revenue visibility for the next 4-5 years.
Ahluwalia Contracts India Ltd offers construction services and executes turnkey projects for civil construction, electrical, plumbing, and firefighting. The company also constructs superstructures, integrated townships, hospitals, hotels, commercial complexes, manufacturing facilities, and pipelines.
On Monday, the stock of Ahluwalia Contracts was trading 1.6 per cent higher at Rs 304.85 from its previous close of Rs 300.05 on BSE.