Ahluwalia Contracts Shares Rise For A Fourth Session After ₹310 Crore Order, Despite Falling 38% So Far In 2026

Ahluwalia Contracts India Ltd. shares rose more than 4% in intraday trade on Wednesday, 14 October, after the construction company secured a ₹310 crore order for Bennett University’s Noida campus.

The contract covers six building blocks and must be completed within 22 months. The stock had touched a 52-week low of ₹540.55 on October 1 and was trading around 8.5% above that level.

At 1:09 pm IST, the Ahluwalia Contracts India share price was trading at ₹578.45, up 2.34% for the day.

What Does The ₹310 Crore Order Include?

In a regulatory filing on Wednesday, Ahluwalia Contracts said it had won the contract to construct an institutional building at Bennett University’s Noida campus. The university is owned by the Times Group.

The project includes blocks O1, O2, O3, R1, L and Q, with a completion timeline of 22 months. The company also clarified that the order does not qualify as a related-party transaction. Its promoter, promoter group and group companies have no personal interest in the entity that awarded the contract, the filing stated.

The order adds to the company's institutional construction work. Ahluwalia Contracts undertakes engineering and contract construction for infrastructure and building projects across India, serving both government and private-sector clients.

Its project portfolio includes residential and commercial complexes, hospitals, hotels, corporate offices, IT parks, industrial facilities, metro stations, and other urban infrastructure including completed projects like AIIMS in West Bengal, South Asian University in New Delhi, the CBI office building at BKC in Mumbai, the ITC Gardenia hotel in Bengaluru, and the Mumbai Metro depot.

What Is The Company's Order Book And Project Pipeline?

As of June 30, 2026, Ahluwalia Contracts had a gross order book of ₹29,713.8 crore, of which ₹20,663.5 crore remained unexecuted. Its ongoing work spans more than 55 domestic projects across 16 states and Union Territories, along with one overseas project.

The company’s larger ongoing projects (as of 30th June 2026) include the Common Central Secretariat building under the Central Vista project, valued at ₹2,601.4 crore; India Jewellery Park in Mumbai at ₹2,157 crore; and the redevelopment of Chhatrapati Shivaji Maharaj Terminus in Mumbai at ₹2,076.3 crore. Other major projects include The Dahlias in Gurugram, Signature Global Business Park and DLF City Center–Downtown.

The company’s client list includes NBCC, Bandhan Bank, Punjab National Bank, Infosys, Apollo Tyres, Max Healthcare, State Bank of India, DLF, Emaar, Indiabulls and HSCC.

How Have Ahluwalia Contracts Shares Performed?

The latest order announcement comes as the stock attempts to recover from a sharp decline over the year. Ahluwalia Contracts share price has lost more than 38% in 2026 and 37% over the past 12 months, despite the recent four-session rise.

For FY27, management has guided for another year of double-digit growth and healthy double-digit earnings before interest, taxes, and amortisation (EBITDA) margins. Separately, Investment Information and Credit Rating Agency (ICRA) expects revenue growth in the Indian construction sector to reach 8–10% in FY27, compared with 6–8% in FY26, supported by public capital expenditure of ₹12.2 lakh crore.

The Bennett University contract adds another institutional project to Ahluwalia Contracts’ portfolio.

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