New Rs. 888.38 Cr order win for Ayodhya-related development project
AHLUCONT · price
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Ahluwalia Contracts has secured a Rs. 888.38 Cr order from Bihar State Tourism Development Corporation for construction and overall development of Shri Ram Janmabhoomi Tirtha Kshetra at Punauradham, the birthplace of Mother Sita in Sitamarhi, Bihar. The civil construction work will be executed in EPC mode over 42 months. It is a domestic order with no promoter or related party interest.
Material order win strengthens order book and revenue visibility over 42 months. Positive for the stock.