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Ahluwalia Contracts (India) receives order worth ₹396 Cr from Godrej Properties

Ahluwalia Contracts (India) gains spotlight after winning ₹396.50 Crore Godrej Properties project in Noida, strengthening its residential portfolio with a 25-month execution timeline for major construction work.
Ahluwalia Contracts wins ₹396.5 Cr Godrej project, boosts Noida housing presence.
Ahluwalia Contracts wins ₹396.5 Cr Godrej project, boosts Noida housing presence.

Introduction:

Ahluwalia Contracts (India) in focus after securing a ₹396.50 Crore residential project from Godrej Properties. The contract boosts its project portfolio in Noida, with a 25-month timeline to execute core and shell works across multiple towers at the Godrej Riverine development.

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Share Price movement of Ahluwalia Contracts (India):

On April 11, 2025, Ahluwalia Contracts (India) Limited opened at ₹842.95, reaching a high of ₹869.95, up 3.96% from the previous close of ₹827.45 and a low of ₹832.85. The stock closed at ₹862.55, with a market cap of ₹5,762.27 Crores.

Ahluwalia Contracts (India) receives new order:

Ahluwalia Contracts (India) (India) Ltd has secured a new domestic project worth ₹396.50 Crores from Godrej Properties Ltd. The awarded contract involves core and shell construction works across towers T1 to T4 at the Godrej Riverine project in Sector-44, Noida.

The scope includes substructure and superstructure work, club, retail, waterproofing, RWH, boundary wall, and LPS work. The total execution timeline for this residential housing project has been fixed at 25 months, and it excludes GST from the order value.

This order was awarded in the normal course of business and does not involve any related party transactions or promoter group interests. The contract further strengthens Ahluwalia Contracts (India)’ presence in large-scale residential infrastructure projects.

Also Read: Ashoka Buildcon receives order worth ₹568.86 Cr from Central Railway

Stock performance of Ahluwalia Contracts (India) for Period of 1 week, 6 months and 1 year:

Ahluwalia Contracts (India) stock gained 8.04% over the past week, showing short-term strength. However, it declined 23.2% over the last six months and dropped 19.2% in the past year, reflecting weakness in its longer-term stock performance despite recent recovery signs.

Also Read: Sathlokhar Synergys receives order worth ₹219 Cr from Muthiah Muralitharan’s company

Shareholding pattern of Ahluwalia Contracts (India):

SummaryMar-25Dec-24Sep-24
Promoter 55.30%55.30%55.30%
FII12.10%12.50%12.90%
DII 24.30%24.70%25.00%
Public8.30%7.50%6.90%
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About Ahluwalia Contracts (India):

Ahluwalia Contracts (India) Ltd is a leading construction company specializing in residential, commercial, institutional, and industrial projects. With strong execution capabilities, it undertakes large-scale infrastructure developments across India, including government and private sector contracts, emphasizing quality, timely delivery, and engineering excellence.

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

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