Ahluwalia Contracts Share Price Jumps Over 3% on Securing ₹888.38 Crore Order from Bihar State Tourism Development Corp

Ahluwalia Contracts (India) Ltd has been awarded a construction contract worth ₹888.38 crore, inclusive of GST, by Bihar State Tourism Development Corporation Ltd, as per exchange filing.  

The order relates to civil construction and development work at the Shri Ram Janmabhoomi Tirtha Kshetra at Punauradham in Bihar’s Sitamarhi district. 

Nature of the Project 

The scope of work covers construction and overall site development at the religious tourism location, identified as the birthplace of Sita.  

The project will be carried out under the engineering, procurement and construction (EPC) mode. The company stated that the contract is classified under civil construction activities and has been awarded by a domestic government entity. 

Timeline and Execution 

As per the regulatory filing, the project has an execution period of 42 months. The company has not disclosed a phase-wise breakup of the work or payment schedule.  

The order value includes applicable taxes, and the project will be executed entirely within India. 

Related-Party Clarification 

Ahluwalia Contracts clarified that neither its promoter nor the promoter group holds any interest in Bihar State Tourism Development Corporation.  

The company also stated that the contract does not fall under related-party transactions and has been awarded at arm’s length, in line with disclosure norms. 

Ahluwalia Contracts Share Price Performance  

As of December 17, 2025, 9:07 am, Ahluwalia Contracts (India) share price was trading at ₹985, a 3.42% increase from the previous closing price. 

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Conclusion 

The Bihar tourism project adds to Ahluwalia Contracts’ domestic order book, alongside residential construction projects announced earlier in the year, all with defined timelines and no related-party involvement. 

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