Ahluwalia Contracts (India) rose 4.73 percent to Rs 440.40 after the company announced new construction orders totaling Rs 5 billion. The first project includes MMRDA (Mumbai Metropolitan Region Development Authority) work at Rs 680.5 million for the design, fabrication, supply and erection of pre-engineering structural steel structures for buildings at Mandale Depot annex workshop at MMRDA's Mumbai Metro Rail project.

The second order is for a major upgrade of Rs 4.62 billion lighthouse for Chandigarh railway station on a modular concept through engineering procurement and construction (EPC). To date, the total order intake for fiscal year 2022-2023 is reported to be Rs 36.44 billion.