India's Ahluwalia Contracts rises most in 16 months after doubling quarterly profit

Ahluwalia Contracts (India)

17/11/2025 06:25

** Shares of  Ahluwalia Contracts AHLU.NS rise as much as 13.04%, their biggest single-day gain in 16 months, to 998 rupees apiece

** Uptick after AHLU more than doubles its net profit on a year-on-year basis in the September quarter to 785.7 million rupees

** AHLU says that its strong gross order book of 250.05 billion rupees ($2.82 billion), including the unexecuted orders worth 180.58 billion rupees sets the stage of sustained strength in earnings

** Projects potential gains from the steady growth in the country's construction market, demand growth for commercial space

** AHLU shares are down about 14% in 2025 so far, lagging the 5.4% drop in Nifty Microcap 250 index .NIFTYMICROCAP250, exchange data shows

($1 = 88.6150 Indian rupees)

(Reporting by Bharath Rajeswaran in Bengaluru)

((bharath.rajeswaran@thomsonreuters.com; +91 9769003463;))