Latest news with #AhluwaliaContracts
Mint
15-07-2025
- Business
- Mint
Ahluwalia Contracts shares jump over 7% after ₹2,089-crore DLF order win
Shares of Ahluwalia Contracts (India) Limited rallied over 7 percent in intra-day trade on Tuesday, July 15, after the company announced a major project win from DLF Limited. The order pertains to civil and structural construction, including rough finishing work for 'The Dahlias' residential project located in DLF5, Gurugram. In a regulatory filing, Ahluwalia Contracts confirmed that the project has been awarded by a domestic entity and falls under the residential housing category. The contract is valued at ₹ 2,089 crore, excluding GST, and is scheduled to be executed over 44 months, marking one of the largest recent wins for the company in the real estate construction space. The latest DLF order comes close on the heels of a series of sizeable wins by Ahluwalia. On June 27, the company had announced two significant orders worth a combined ₹ 1,103.56 crore. These included an ₹ 821 crore contract from Whiteland Corporation for residential towers in Gurugram and a ₹ 282.56 crore project from Nestled Haven Estates and Maia Estates for The Beacon development in Bengaluru. The addition of the DLF project to its order book not only boosts Ahluwalia's total project portfolio but also enhances its standing in the high-value residential construction segment. With this contract, the company continues to strengthen its association with marquee real estate developers and underlines its ability to execute large-scale projects with high-quality standards. In its exchange filing, Ahluwalia Contracts also clarified that the project is a non-related party transaction and that there is no promoter group involvement in the awarding entity, DLF Limited. Following the order announcement, Ahluwalia Contracts' share price surged as much as 7.4 percent to touch a day's high of ₹ 1,115 on the BSE. However, the stock is still over 25 percent below its 52-week high of ₹ 1,491.55, recorded in July 2024. On the downside, it hit a 52-week low of ₹ 620.65 in February 2025. Over the past year, the stock has corrected around 29 percent, mainly due to broader market volatility and sectoral pressures. Nevertheless, it has shown signs of a steady recovery in recent months. In June, the stock gained 9 percent, marking its fifth consecutive monthly rise. It was up 4 percent in May, 14.7 percent in April, 3.5 percent in March, and 27 percent in February, following declines of 24.5 percent in February and 16.5 percent in January.
Mint
15-07-2025
- Business
- Mint
Ahluwalia Contracts shares jump over 7% after ₹2,089-crore DLF order win
Shares of Ahluwalia Contracts (India) Limited rallied over 7 percent in intra-day trade on Tuesday, July 15, after the company announced a major project win from DLF Limited. The order pertains to civil and structural construction, including rough finishing work for 'The Dahlias' residential project located in DLF5, Gurugram. In a regulatory filing, Ahluwalia Contracts confirmed that the project has been awarded by a domestic entity and falls under the residential housing category. The contract is valued at ₹ 2,089 crore, excluding GST, and is scheduled to be executed over 44 months, marking one of the largest recent wins for the company in the real estate construction space. The latest DLF order comes close on the heels of a series of sizeable wins by Ahluwalia. On June 27, the company had announced two significant orders worth a combined ₹ 1,103.56 crore. These included an ₹ 821 crore contract from Whiteland Corporation for residential towers in Gurugram and a ₹ 282.56 crore project from Nestled Haven Estates and Maia Estates for The Beacon development in Bengaluru. The addition of the DLF project to its order book not only boosts Ahluwalia's total project portfolio but also enhances its standing in the high-value residential construction segment. With this contract, the company continues to strengthen its association with marquee real estate developers and underlines its ability to execute large-scale projects with high-quality standards. In its exchange filing, Ahluwalia Contracts also clarified that the project is a non-related party transaction and that there is no promoter group involvement in the awarding entity, DLF Limited. Following the order announcement, Ahluwalia Contracts' share price surged as much as 7.4 percent to touch a day's high of ₹ 1,115 on the BSE. However, the stock is still over 25 percent below its 52-week high of ₹ 1,491.55, recorded in July 2024. On the downside, it hit a 52-week low of ₹ 620.65 in February 2025. Over the past year, the stock has corrected around 29 percent, mainly due to broader market volatility and sectoral pressures. Nevertheless, it has shown signs of a steady recovery in recent months. In June, the stock gained 9 percent, marking its fifth consecutive monthly rise. It was up 4 percent in May, 14.7 percent in April, 3.5 percent in March, and 27 percent in February, following declines of 24.5 percent in February and 16.5 percent in January. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
&w=3840&q=100)
Business Standard
15-07-2025
- Business
- Business Standard
Why did this smallcap civil construction company's stock rise 7% in trade?
Ahluwalia Contracts (India) shares jumped 7.2 per cent on Tuesday, registering an intraday high at ₹1,114 per share. At 12:40 PM, Ahluwalia Contracts share price was trading higher by 6.21 per cent at ₹1,102.8 per share on the BSE. In comparison, the BSE Sensex was up 0.51 per cent at 82,669.10. The company's market capitalisation stood at ₹7,387.39 crore. The 52-week high of the stock was at ₹1,491.55 per share and the 52-week low of the stock was at ₹620.65 per share. Why were Ahluwalia Contracts shares in demand? The buying on the counter came after the company secured an order worth around ₹2,089 crore. The company, under the contract, will carry out structuring and rough finishing works for "The Dahlias" DLF5, Gurugram". The contract falls under the housing project (Residential) category and has to be completed within 44 months. According to DLF Dahlias' official website, DLF Dahlias is the next upcoming ultra-luxury residential by DLF. The project is situated on Golf Course Road, Gurgaon. This super luxury project location is R16, DLF 5, Sector 54, Gurgaon. The residents can access DLF Golf and Country Club. This project will be a landmark of the decade by the Dlf. The builder is ready to give another super luxury address to its clients in Gurgaon. Besides, in June 2025, Ahluwalia Contracts bagged two major construction orders worth over ₹1,100 crore. The first contract, valued at ₹821 crore (excluding GST), was awarded by Whiteland Corporation Pvt. Ltd for the construction of 'Urban Resort', comprising seven residential towers at Sector-103 in Gurugram. The project is slated for completion in 36 months and is part of a large-scale housing development. The second order came from Nestled Haven Estates Private Limited and Maia Estates Private Limited for civil structure and architectural finishing work at "The Beacon" in Bengaluru. This group housing project, estimated at ₹282.56 crore (excluding GST), is to be executed within 32 months. Both orders are domestic and do not fall under related party transactions. About Ahluwalia Contracts (India) Ahluwalia Contracts (India) Limited is among the leading Indian engineering, procurement, and construction (EPC) companies with over five decades of expertise in civil construction. Headquartered in New Delhi, the company has built a strong nationwide presence, delivering large-scale residential, commercial, institutional, and industrial projects, including hospitals, hotels, IT parks, and urban infrastructure.
Business Standard
14-07-2025
- Business
- Business Standard
Ahluwalia Contracts rallies after bagging orders worth Rs 2,089 cr from DLF
Ahluwalia Contracts (India) jumped 6.02% to Rs 1,045.25 after the company announced that it has secured an order worth Rs 2,089 crore from DLF. Shares of DLF added 1.15% to Rs 827.70 on the BSE. The order, valued at Rs 2,089 crore (excluding GST), has been awarded for a domestic residential housing project involving civil, structural, and rough finishing works at "The Dahlias," DLF5, Gurugram. The contract is to be executed over a period of 44 months. The company confirmed that neither the promoter, promoter group, nor group companies have any interest in the entity awarding the contract. Furthermore, the transaction does not fall under related party transactions, and hence, the question of it being conducted at arms length does not arise. Ahluwalia Contracts' project portfolio encompasses projects across residential and commercial complexes, hotels, institutional buildings, hospitals and corporate offices, information technology (IT) parks and industrial complexes. DLF with its subsidiaries, associates and JVs is engaged in real estate development, from the identification and acquisition of land to planning, execution, construction and marketing of projects. It is also engaged in business of leasing, generation of power, provision of maintenance services, hospitality and recreational services which are related to the overall development of real estate business.
Time of India
09-07-2025
- Business
- Time of India
Whiteland Corp raises Rs 250 crore for housing project in Gurgaon
Real estate developer Whiteland Corporation has raised Rs 250 crore from three financial institutions and is in advanced discussions to secure an additional Rs 400 crore to fund a branded residences project in Gurgaon, the company said. It is investing a total of Rs 4,000 crore in the 20-acre project, Westin Residences Gurugram , which entails building 1,700 three-bedroom and four-bedroom homes. 'We have raised Rs 250 crore at the group level, which has been used for land and approval payments. We are raising another Rs 400 crore construction line for this project only, while the balance can be funded through sales receivables,' said Navdeep Sardana, founder of Whiteland Corporation. The developer has awarded Rs 2,000 crore in construction contracts to Kalpataru Projects International and Ahluwalia Contracts (India). The project has a saleable area of 6 million square ft and it is expected to yield revenue of Rs 15,000 crore. Live Events Whiteland Corporation has so far delivered 1,300 homes and commercial spaces spanning 4.5 million sq ft. India's branded residences segment has started drawing the attention of real estate developers and hotel chains. Marriott International, Radisson Hotel Group and Wyndham have said they are exploring opportunities in this segment.
