I-Sec downgrades Ahluwalia Contracts (India) to Add, revises target price to Rs 1,020 Jobbery Stock Market update

ICICI Securities has downgraded Ahluwalia Contracts (India) to ‘Add’ due to expensive valuations, despite a revised target price of Rs 1,020. The company reported a consolidated total income of Rs 1233.87 crore for the quarter ended March 31, 2025, reflecting growth compared to previous periods. Management anticipates continued revenue growth and double-digit EBITDA margins, targeting significant order inflows in FY26.

Leave a Reply

Your email address will not be published. Required fields are marked *