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Bloomberg Quint

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Ahluwalia Contracts Bags Work Order Worth Rs 2,089 Crore From DLF

  • Ahluwalia Contracts (India) Ltd. has secured a residential housing project order worth Rs 2,089 crore from DLF Ltd for the 'Dahlias' DLF5 in Gurugram.
  • The execution period for the order involves civil and structure works, including rough finishing, and spans 44 months.
  • In related news, Whiteland Corp. recently awarded Ahluwalia Contracts (along with Kalpataru Projects) a Rs 2,000 crore order for a residential project in Gurugram.
  • Analysts tracking Ahluwalia Contracts have varying recommendations, with the average 12-month consensus price target suggesting a downside potential.

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