970.4500 -37.65 (-3.73%)
NSE Dec 30, 2025 15:53 PM
Volume: 55,892
 

970.45
-3.73%
HDFC Securities
The interaction covered large Road players, Building EPC players and T&D players. Large part of the halt is (1) Due to Central/State Govt directive on lock down and work from home (2) Few clients have told Contractors for closure till 31st March 2020 & (3) Goodwill towards employees'/laborers' safety. Whilst our last week survey was more encouraging with our coverage universe execution largely on track, the call for Janta Curfew has resulted in project sites staring at closure. We interacted with 15 large Indian Infra companies to gauge on the ground impact of COVID-19 on execution.
Ahluwalia Contracts (India) Ltd. is trading above its 200 day SMA of 936.9
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