India's Ahluwalia Contracts gains over 6% on large order win

Ahluwalia Contracts (India)

06/09/2021 08:11

** Shares of construction co  AHLU.NS  rise as much as 6.5%
to 408 rupees, their biggest intraday pct gain since Aug. 11
    ** Co on Monday reported an order win of about 8.90 billion
rupees ($121.78 million) for construction of an animal science
university  ID:nFWN2Q50W1 
    ** AHLU said total order inflow during FY 21-22 stands at
11.19 bln rupees
    ** About 239,028 shares change hands, 7x 30-day avg of
34,052
    ** Ten out of 13 analysts tracking stock rate it at "buy" or
"strong buy"; 3 "hold" - Refinitiv data
    ** AHLU shares up 44.21% so far this year as of last close
    
($1 = 73.0825 Indian rupees)

 (Reporting by Nallur Sethuraman in Bengaluru)
 ((Sethuraman.NR@thomsonreuters.com; (Within U.S.
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