CMP : 150


Ahluwalia Contracts Ltd. offers construction services and executes turnkey projects for civil construction, electrical, plumbing, and fire-fighting. The Company also constructs super structures, integrated townships, hospitals, hotels, commercial complexes, manufacturing facilities, and pipelines.

Its time to look at fundamentally good realty stocks which have corrected in recent times. Ahluwalia Contracts is one of them. It has corrected from highs of 240 to 150 levels and is a great level to buy in now. Revenues and PAT have grown strongly in the past, though NPM at 5% needs improvement. Their liabilities are less and its a good buy at P/E of 11. Buy, Accumulate on dips from current levels and hold.