India's Ahluwalia Contracts gains on contract win

Ahluwalia Contracts (India)

17/12/2025 04:02

** Ahluwalia Contracts (India) AHLU.NS rises 4.7% to 997 rupees; marks biggest intraday pct gain in a month

** Construction co wins 8.88 billion-rupee ($97.5 million) civil construction contract from Bihar State Tourism Development Corp

** Contract to build, develop tourism-related infrastructure in Bihar

** Stock rated "buy" on avg; median PT is 1,095 rupees, per data compiled by LSEG

** YTD, AHLU down 7.1%

($1 = 91.0360 Indian rupees)

 (Reporting by Aleef Jahan in Bengaluru)

 ((aleefjahan.cs@thomsonreuters.com))