Ahluwalia Contracts India extends gains as brokerages raise TP on strong results

Ahluwalia Contracts (India)

18/11/2025 10:18

** Shares of Ahluwalia Contracts (India) AHLU.NS settle up 8.2% at 1,062 rupees, their highest level since July 24

** Stock rises 20% in two sessions as it more than doubles its net profit on a year-on-year basis in the September quarter

** Given the H1 performance, believe AHLU on track to close FY26 at its near-guided level of rev growth of 15-20% - ICICI Securities

** HDFC Securities said that given co's focus on private sector projects, large marquee public projects and pick up in execution, expect growth to continue

** At least 6 brokerages hiked their target price on AHLU since its results, as per data compiled by LSEG

** Average rating of 11 analysts covering the stock is "buy", their median PT is at 1081 rupees vs 1005 rupees a month earlier - data compiled by LSEG

** Stock up 3% YTD

 (Reporting by Nishit Navin in Bengaluru)

 ((nishit.navin@thomsonreuters.com))