India's Ahluwalia Contracts drops most in 6 months after quarterly profit declines

Ahluwalia Contracts (India)

17/08/2026 09:50

** Shares of Ahluwalia Contracts (India) AHLU.NS fall as much as 7.7% to 773 rupees, their lowest since May 20, 2026
** Stock marks biggest intraday percentage loss since February 16, 2026
** Construction firm reports June-quarter consolidated net PAT declines 79.7% Y/Y to 103.9 million rupees from 512.1 million rupees a year earlier
** Consolidated revenue from operations rises 12% Y/Y in the quarter 
** More than 78,903 shares change hands, about 2.5x the 30-day average volume 
** Stock rated "buy" on average by 11 analysts; median PT is 930 rupees - LSEG compiled data
** Stock down 18.9% YTD


 (Reporting by Payel Das in Bengaluru)
 ((Payel.das@thomsonreuters.com))