scorecardresearchAnand Rathi maintains a buy call on Ahluwalia Contracts, sees a 29% upside

Anand Rathi maintains a buy call on Ahluwalia Contracts, sees a 29% upside

Updated: 06 Jun 2022, 09:00 AM IST
TL;DR.
  • Ahluwalia Contracts' Q4 ordinary income statement stemmed from the contracted order book (muted new orders on keener competition) and inflation-impacted operating profitability.
The stock hit its 52-week high of  <span class='webrupee'>₹</span>563.50 on BSE on April 11, 2022, and witnessed strong profit-booking thereafter. At present, it is 29 percent below its 52-week high price. Photo: Pixabay

The stock hit its 52-week high of 563.50 on BSE on April 11, 2022, and witnessed strong profit-booking thereafter. At present, it is 29 percent below its 52-week high price. Photo: Pixabay