Ahluwalia Contracts Secures ₹393 Crore Order for New Rajasthan Airport

• Ahluwalia Contracts (India) Ltd won a ₹393.04 crore contract from AAI for a new greenfield airport in Bundi, Kota, Rajasthan.
• The project, a domestic building construction contract, is to be completed within 18 months.
• The company's Q3 FY26 performance missed expectations due to execution disruptions, leading to a revised FY26 revenue growth guidance of 10-15%.
• Despite challenges, year-to-date order inflow is strong at ₹96 billion, exceeding the FY26 guidance of ₹80 billion.
• ICICI Securities upgraded Ahluwalia Contracts to "Buy," projecting a 17% revenue CAGR over FY25–FY28.