Ahluwalia Contracts (India) Limited bagged new orders over INR 139 crores increasing its stock prices by ~4% at the Bombay Stock Exchange (BSE). Currently, the company’s total order inflow is INR 1,002.33 crores for FY 2022-23.
Ahluwalia Contracts (India) Limited notified that the company bagged multiple new orders worth over INR 139 crores. These include an order to construct 12 residential buildings at the Suraksha Smart City at Vasai East, Mumbai. This order values at INR 86 crores. Other orders include the construction of another residential tower building at Suraksha Smart City, Vasai East. This order values at INR 53.33 crores. Currently, the company’s total order inflow is INR 1,002.33 crores for FY 2022-23, after including these two new orders.
Ahluwalia Contracts (India) Limited has over 50 years of experience in the building construction industry and infrastructure development both in India and abroad. The company is touted as one of India’s leading and largest civil contracting firms.
Suraksha Smart City at Vasai East, Mumbai, is an upcoming township project spread over 300 acres. The development of this township will be in phases. This project, approved under the Pradhan Mantri Awas Yojana (PMAY) scheme issued by the Government of India, is at a walkable distance from the Vasai Road station. It incorporates multiple amenities while promising a luxurious lifestyle to its residents.
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