Ahluwalia Contracts (India) rises on winning order worth 7.45 bln rupees

Ahluwalia Contracts (India)

03/05/2023 07:16

** Shares of Ahluwalia Contracts (India)  AHLU.NS  rise as
much as 3.73% to 547 rupees
    ** Co secures order worth 7.45 bln rupees ($91 mln) from DLF
Home Developers for construction of civil structure and
waterproofing works
    ** Trading volume is ~75,000 shares as of 11:36 a.m. IST,
1.3x the 30-day avg 
    ** Avg rating of 10 analysts close to 'buy' with median PT
of 562 rupees, 6.6% above Tuesday's close - Refinitiv data
    ** Including session's gains, stock up 13.6% YTD

($1 = 81.8250 Indian rupees)

 (Reporting by Bharath Rajeswaran in Bengaluru)
 ((bharath.rajeswaran@thomsonreuters.com; +91 9769003463))