The company made this announcement during trading hours today, 27 December 2007.

Meanwhile, BSE Sensex was up 68.16 points or 0.34% to 20,260.68.

On BSE 1.25 lakh shares were traded in the counter. The stock had an average daily volume of 2.07 lakh shares in the past one quarter.

The stock hit a high of Rs 360 and a low of Rs 331 so far during the day. The stock hit a 52-week high of Rs 400 on 20 December 2007 and a 52-week low of Rs 20.30 on 22 February 2007.

The mid-cap scrip had outperformed the market over the past one month till 26 December 2007, gaining 11.64% as compared to the Sensexs return of 5.57%. It had also outperformed the market in the past one quarter, rising 50.44% as compared to the Sensexs rise of 17.74%.

The companys current equity is Rs 12.55. Face value per share is Rs 2.

The current price of Rs 358.50 discounts Q2 September 2007 annualized EPS of Rs 7.78 PE multiple of 46.08.

One of the two orders is valued at Rs 230 crore received from government of India for up-gradation and renovation of Dr. S P M Swimming Pool Complex, New Delhi. The other order is valued at Rs 111 crore received from Chalet Hotel, Mumbai.

Ahluwalia Contracts Indias net profit rose 77.6% to Rs 12.20 crore on 21.5% rise in net sales to Rs 188.05 crore in Q2 September 2007 over Q2 September 2006.

The company is engaged in constructing wide range of structural buildings such as healthcare facilities, hotels, educational institutions, information technology parks, commercial complexes and malls, group housing projects and corporate office premises.

Powered byCapital Market - Live News