Ahluwalia Contracts (India) up on $58 mln order win

Ahluwalia Contracts (India)

10/06/2024 09:37

** Shares of Ahluwalia Contracts (India)  AHLU.NS  up as
much as 5% at 1,229 rupees; last up 2.8% 
    ** The engineering, procurement and construction (EPC) firm
has secured orders totalling 4.83 bln rupees ($57.9 mln) 
    ** More than 172,000 shares traded by 2:03 p.m. IST, 1.5x
its 30-day avg
    ** Stock on track for a third straight session of gains, if
current trends hold
    ** Average rating of nine analysts covering the stock is
"hold"; median PT is 1,190.50 rupees - LSEG data
    ** Including today's session, the stock has gained 55.2% YTD


($1 = 83.4800 Indian rupees)

 (Reporting by Navamya Ganesh Acharya in Bengaluru)
 ((Navamya.GaneshAcharya@thomsonreuters.com; +91 8805175330 ;))