AHLUCONT

May 30 (Reuters) - Ahluwalia Contracts (India) Ltd AHLU.NS:

• AHLUWALIA CONTRACTS (INDIA) MARCH-QUARTER CONSOL NET PAT 833.3 MILLION RUPEES

• AHLUWALIA CONTRACTS (INDIA) MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 12.16 BILLION RUPEES

Source text: ID:nNSE2QKcbM

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** Shares of Ahluwalia Contracts (India) AHLU.NS jump ~6% to 914 rupees
** Construction firm gets 3.97 bln rupees ($46.3 mln) order from real estate developer Godrej Properties GODR.NS
** More than 215,000 shares change hands by 11:15 a.m. IST, more than twice their 30-day avg
** YTD, AHLU down 11% but stock closed last trading session logging sixth straight weeks of gains

(Reporting by Hritam Mukherjee in Bengaluru)

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April 14 (Reuters) - Ahluwalia Contracts (India) Ltd AHLU.NS:

• AHLUWALIA CONTRACTS (INDIA) LTD - SECURES ORDER WORTH 3.97 BILLION RUPEES

Source text: ID:nBSE5dRSTr

Further company coverage: AHLU.NS

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** Shares of Ahluwalia Contracts (India) AHLU.NS fall 3% to 968 rupees, hitting their lowest level since mid-February

** Engineering and construction firm posted 30% drop in Q2 net profit

** Profit from its largest segment, contract works, dropped nearly 24%

** AHLU sees busiest day in a month, trading vols double the 30-day avg.

** Stock is up 25% YTD, set for fourth straight year of gains

(Reporting by Nishit Navin)

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** Shares of Ahluwalia Contracts (India) AHLU.NS rise 1.4% to 1,123.7 rupees on their busiest day in a month

** Engineering co gets 10.95 billion rupees ($130.27 million) order from DLF City Centre for construction of civil and composite steel structural works

** More than 266,000 shares traded, 2.5x its 30-day avg

** Analysts' avg rating on stock is "Hold"; their median PT is 1,273 rupees - LSEG data

** Stock up 44.7% YTD

($1 = 84.0560 Indian rupees)

(Reporting by Aleef Jahan in Bengaluru)

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Oct 3 (Reuters) - Ahluwalia Contracts (India) Ltd AHLU.NS:

• GETS ORDER WITH SERVICE TAX OF 291.4 MILLION RUPEES

Source text for Eikon: ID:nBSE2TZwLw

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** Shares of Ahluwalia Contracts India AHLU.NS climb 2% to 1,211 rupees

** Axis Securities upgrades to "buy" from "hold", keeps PT at 1,340 rupees - a ~13% premium on last close

** Brokerage says co's current order book gives revenue visibility for the next 3-4 years, citing interaction with AHLU management

** Sees steady rev growth on the back of steady execution of projects, government focus on infrastructure and better traction in private orders

** Expects 21% CAGR over FY24-26

** Adds key risks include higher commodity prices, labour shortage impact on project execution, lower order intake

** Analysts' avg rating on stock is "hold", median PT is 1,273 rupees - LSEG data

** Stock up ~56% YTD

(Reporting by Manvi Pant in Bengaluru)

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** Shares of Ahluwalia Contracts AHLU.NS jump ~6% to 1,268 rupees

** The construction firm got work orders worth 13.07 bln rupees (about $156 mln)

** Orders from two subsidiary companies of real estate developer Signatureglobal SIGT.NS

** Analysts' avg rating on stock is "Hold", in-line with peer KEC International KECL.NS, while Kalpataru Projects KAPT.NS is rated "Buy" - LSEG data

** At current price, AHLU up 64% YTD vs 66% and 95% gain in KECL and KAPT, respectively

($1 = 83.9730 Indian rupees)

(Reporting by Manvi Pant in Bengaluru)

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Aug 28 (Reuters) - Ahluwalia Contracts (India) Ltd AHLU.NS:

• GETS ORDER WORTH 3.5 BILLION RUPEES

Source text for Eikon: ID:nBSE3Vzylp

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Aug 13 (Reuters) - Ahluwalia Contracts (India) Ltd AHLU.NS:

• JUNE-QUARTER CONSOL NET PROFIT 305.6 MILLION RUPEES

• JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 9.19 BILLION RUPEES

Source text for Eikon: ID:nBSEbCSNH0

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** Shares of Ahluwalia Contracts (India) AHLU.NS up 5.4% at 1,497.15 rupees

** The engineering and construction firm won an order worth 8.93 bln rupees (~$107 mln) from Airports Authority of India

** Order to develop Lal Bahadur International Airport in Varanasi, which includes construction of a new terminal building

** More than 359,000 shares change hands, nearly twice the 30-day moving average

** Avg recommendation of nine analysts is "hold"; median PT is 1,250 rupees - LSEG data

** Stock up ~94% YTD, set for fourth straight annual gain

($1 = 83.5080 Indian rupees)

(Reporting by Kashish Tandon in Bengaluru)

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** Shares of Ahluwalia Contracts (India) AHLU.NS up 8.6% to a record high of 1,417 rupees

** The engineering and construction co said it secured order worth 5.72 bln rupees ($68.5 mln) from Airports Authority of India

** Order for construction of new terminal building at airport in Bihar state

** Over 346,000 shares traded, 2.2x the 30-day avg

** Analysts' avg rating on stock is "Hold", median PT is 1,250 rupees, per LSEG data

** At current price, stock up ~84% YTD

($1 = 83.4575 Indian rupees)

(Reporting by Manvi Pant in Bengaluru)

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July 4 (Reuters) - Ahluwalia Contracts (India) Ltd AHLU.NS:

• GETS ORDER WORTH 5.72 BILLION RUPEES

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** Shares of Ahluwalia Contracts (India) AHLU.NS up as much as 5% at 1,229 rupees; last up 2.8%

** The engineering, procurement and construction (EPC) firm has secured orders totalling 4.83 bln rupees ($57.9 mln)

** More than 172,000 shares traded by 2:03 p.m. IST, 1.5x its 30-day avg

** Stock on track for a third straight session of gains, if current trends hold

** Average rating of nine analysts covering the stock is "hold"; median PT is 1,190.50 rupees - LSEG data

** Including today's session, the stock has gained 55.2% YTD

($1 = 83.4800 Indian rupees)

(Reporting by Navamya Ganesh Acharya in Bengaluru)

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** Shares of Ahluwalia Contracts (India) AHLU.NS rise as much as 13.1% to 1,325 rupees; last up 5.6%

** The engineering co receives multiple orders worth 22.45 billion rupees ($270.32 million)

** Co also tracking Indian benchmarks, which surged to record highs after exit polls over the weekend projected a third term for Prime Minister Narendra Modi's government in the recently-concluded general elections

** Nifty 50 .NSEI and BSE Sensex .BSESN currently up around 2.7% each

** AHLU had gained 4.8% in May for second straight month of gains

** Nine analysts covering the stock on average have a "buy" rating; median PT is at 1,190.50 rupees - LSEG data

** Stock up ~59% YTD, had gained ~63% in 2023 for best yearly gains since 2014

($1 = 83.0500 Indian rupees)

(Reporting by Dimpal Gulwani in Bengaluru)

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** Shares of construction firm HG Infra Engineering HGIN.NS up 6.4% at 966.70 rupees

** A consortium which includes the company won a contract worth 2.2 bln rupees ($26.4 mln) from Jodhpur Vidyut Vitran Nigam, it says

** Adds got engineering, procurement and construction contracts worth a total 640 mln rupees ($7.7 mln)

** More than 318,000 shares traded as of 12:38 p.m. IST, 2.2x 30-day moving avg

** Avg recommendation on the stock is a 'strong buy,' compared to 'buy' on bigger peer Ahluwalia Contracts (India) AHLU.NS; their median PT is 1,170 rupees - LSEG data

** HGIN up 14.9% YTD, while AHLU is up ~33.4%

($1 = 83.3570 Indian rupees)

(Reporting by Meenakshi Maidas in Bengaluru)

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March 15 (Reuters) - Ahluwalia Contracts (India) Ltd AHLU.NS:

• GETS ORDER WORTH 3.64 BILLION RUPEES

Source text for Eikon: ID:nBSE93bWs9

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March 7 (Reuters) - Ahluwalia Contracts (India) Ltd AHLU.NS:

• RECENT AWARDS OF 3.39 BILLION RUPEES

Source text for Eikon: ID:nBSE6c7Gl8

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** Shares of Ahluwalia Contracts (India) AHLU.NS rise 6.1% to a record high of 955.7 rupees

** The engineering co's qtrly profit jumped 56%, rev up 38% y/y

** More than 94,000 shares traded, 1.1x times its 30-day avg

** Avg rating of 9 analysts covering the stock is "hold;" their median PT is 820 rupees - LSEG

** Stock rose ~63% in 2023, its third straight year of gains

(Reporting by Aleef Jahan in Bengaluru)

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Feb 13 (Reuters) - Ahluwalia Contracts (India) Ltd AHLU.NS:

• AHLUWALIA CONTRACTS (INDIA) LTD DEC-QUARTER CONSOL NET PAT 702.4 MILLION RUPEES VERSUS 449.4 MILLION RUPEES

• AHLUWALIA CONTRACTS (INDIA) LTD DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 10.26 BILLION RUPEES VERSUS 7.43 BILLION RUPEES

• AHLUWALIA CONTRACTS (INDIA) LTD - RE-APPOINTS BIKRAMJIT AHLUWALIA AS MD

Source text for Eikon: ID:nBSE987XgW

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** Shares of Ahluwalia Contracts (India) AHLU.NS rise as much as 7.1% to a fresh record high of 926.9 rupees

** Engineering firm receives order worth 3.94 bln rupees ($47.5 mln)

** Stock hit a record high earlier on Jan. 31

** Stock has gained about 35% and hit multiple record highs since reporting Sept-qtr profit climb on Nov. 10; Dec-qtr results on Feb. 13

** Analysts' avg rating is "hold"; avg PT is 785.64 rupees - LSEG data

** Major rivals KNR Constructions KNRL.NS and G R Infraprojects GINF.NS rated "buy", PNC Infratech PNCI.NS and HG Infra Engineering HGIN.NS rated "strong buy" - LSEG

($1 = 83.0225 Indian rupees)

(Reporting by Varun Vyas in Bengaluru)

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Jan 25 (Reuters) - Ahluwalia Contracts (India) Ltd AHLU.NS:

• GETS ORDER WORTH 1.8 BILLION RUPEES

Source text for Eikon: ID:nNSEc0TLGz

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Sept 27 (Reuters) - Ahluwalia Contracts (India) Ltd AHLU.NS:

• SECURED ORDERS WORTH 8.32 BILLION RUPEES

• ORDERS FOR CONSTRUCTION OF EXPANSION OF MAX SUPER SPECIALTY HOSPITAL AT SAS NAGAR, MOHALI, AMONG OTHERS

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** Shares of Ahluwalia Contracts (India) Ltd AHLU.NS rise as much as 3.8% to 759.95 rupees

** Engineering firm's June-qtr consolidated net profit rose 31.6%, while revenue from operations surged 25.3%

** Trading vol as of 11:15 a.m. IST is 0.6x the 30-day avg

** Stock trading above its 50-, 100-, and 200-day moving averages since May 27, in bullish trend

** Average rating of eight analysts covering stock is the equivalent of 'buy'; median PT is 670 rupees - Refinitiv data

** Stock up 55.5% so far this year; rose about 5.3% during April-June qtr

(Reporting by Biplob Kumar Das in Bengaluru)

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July 12 (Reuters) - Ahluwalia Contracts (India) Ltd AHLU.NS:

• GETS PROJECT WORTH 2 BILLION RUPEES

• ORDER INFLOW DURING CURRENT FY 2023-24 STANDS AT 43.77 BILLION RUPEES TILL DATE

Source text for Eikon: ID:nBSE3XblvN

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** Shares of Ahluwalia Contracts (India) AHLU.NS jump as much as 9.74% to hit a record high of 644.15 rupees

** Co posts sharpest intraday pct gain since May 29

** Civil construction co said on Monday it received a 4.27 bln-rupee ($51.8 million) order

** Stock rising for third consecutive session if gains hold

** Shares trading above 50-day and 100-day simple moving average, indicating bullish trend

** More than 302,234 shares changed hands by 10:37 a.m. IST, 3.3 times 30-day avg of 91,686 shares

** Co sees heaviest trading day in 11 sessions

** Eight of 10 analysts rate the stock "buy" or higher, 2 "hold;" median TP 670 rupees - Refinitiv data

** Stock has risen ~34% this year

($1 = 82.4425 Indian rupees)

(Reporting by Hritam Mukherjee in Bengaluru)

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June 12 (Reuters) - Ahluwalia Contracts (India) Ltd AHLU.NS:

• SECURED ORDER WORTH 4.27 BILLION RUPEES

Source text for Eikon: ID:nBSE7zH7sr

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May 3 (Reuters) - Ahluwalia Contracts (India) Ltd AHLU.NS:

• SECURED ORDER FOR CONSTRUCTION OF CIVIL STRUCTURE & WATERPROOFING WORKS

• ORDER WORTH 7.45 BILLION RUPEES

Source text for Eikon: ID:nBSE6DQsvC

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May 2 (Reuters) - Ahluwalia Contracts (India) Ltd AHLU.NS:

• GETS ORDER WORTH 24.50 BILLION RUPEES

Source text for Eikon: ID:nBSE5mCtrF

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