Latest news with #AhluwaliaContracts'
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.
Business Upturn
14-07-2025
- Business
- Business Upturn
Ahluwalia Contracts shares surge 6% after winning Rs 2,089 crore DLF housing project in Gurugram
By Aman Shukla Published on July 14, 2025, 15:04 IST Shares of Ahluwalia Contracts (India) Ltd jumped sharply by 6% on Monday after the company secured a large-scale residential construction project worth ₹2,089 crore (excluding GST) from real estate giant DLF Limited. As of 3:06 PM, the shares were trading The project, titled 'The Dahlias' DLF5, is located in Gurugram and involves civil and structural works, including rough finishing. The order is domestic and is expected to be completed in 44 months. This deal marks a significant addition to Ahluwalia Contracts' growing order book and strengthens its presence in the premium housing segment. The company clarified that the contract does not involve any related party transactions or promoter group interest. Investors responded positively to the development, pushing the stock higher amid optimism about continued project wins in the infrastructure space. Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information. Ahmedabad Plane Crash Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
Business Standard
27-06-2025
- Business
- Business Standard
Ahluwalia Contracts rallies after bagging orders worth Rs 1,104 cr
Ahluwalia Contracts (India) jumped 4.56% to Rs 985.15 after the company announced that it has secured two major construction orders with a combined value of Rs 1,103.56 crore. The first project, awarded by Whiteland Corporation, involves the construction of Urban Resort, comprising seven residential towers at Sector 103, Gurugram. The contract is valued at Rs 821 crore and is expected to be executed within 36 months. The second order pertains to the civil structure and architectural finishing work for a project named The Beacon in Bengaluru. The contract is worth Rs 282.56 crore, with an execution timeline of 32 months. In a regulatory filing, the company confirmed that neither of the projects involves related-party transactions, and the promoters, promoter group, and group companies have no financial interest in the awarding entities. 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. The company reported a 58.3% decline in consolidated net profit to Rs 83.33 crore, while revenue from operations rose 4.5% to Rs 1,215.84 crore in Q4 March 2025 over Q4 March 2024.
