Ahluwalia Contracts Pockets 6 Orders Worth Rs 3.16 Bn; Shares Surges 3.87%

New Delhi based civil engineering contracting firm, Ahluwalia Contracts India (ACIL) announced that the company has pocketed 6 orders worth Rs 3.16 billion.

With this, the current total order book of the company stands at around Rs 35.50 billion.

Shares of ACIL benefited soon after the company received the orders worth Rs 3.16 billion. The shares gained Rs 6.95, or 3.87%, to trade at Rs 186.45.

Founded in 1979, ACIL is one of the biggest civil contractors in India. ACIL is an ISO 9001 - 2000, ISO 14001:2004 and OHSAS 18001:1999 company, with accreditation from DNV. ACIL undertakes both government and private sector contracts, and has set high standards in meeting the special   needs and demands of every project.

ACIL constructs malls, hospitals, educational institutes, commercial complexes, luxury hotels, corporate office complexes, and multistoried residential complexes. The company has extensive experience in the delivery of publicly funded projects for local, state, and central governments.

The stock has shown a fall of 1.53% over the week and 21.36% over a month. The total volume of shares traded was 31,749 at the BSE. (11.43 a.m., Wednesday)

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