Ahluwalia Contracts (India) has secured new orders worth around Rs 3.10 billion for construction of Institutional, Hospital & Commercial including Electrical, Plumbing & Firefighting Services.

Of total, the company has bagged new orders worth of Rs 1.70 billion for construction of 300 Beds Hospital in existing premises of ESIC Hospital Kolkata and worth Rs 1.40 billion for other Construction Work.

The company is currently L1 in project valued around Rs 3.15 billion & the projects bedded under pipeline are Rs 16.00 billion. The total order inflow during the FY 2017- 2018 stands at Rs 8.66 billion.

Shares of the company gained Rs 6.65, or 2.09%, to trade at Rs 325.10. The total volume of shares traded was 5,015 at the BSE (11.18 a.m., Thursday).