Latest news with #Ahluwalia
Time of India
a day ago
- Business
- Time of India
I-Sec downgrades Ahluwalia Contracts (India) to Add, revises target price to Rs 1,020
ICICI Securities has downgraded Ahluwalia Contracts (India) to Add from Buy with a revised target price of Rs 1020 (from Rs 947 earlier). The current market price of Ahluwalia Contracts is Rs 924. Ahluwalia Contracts (India), incorporated in 1979, is a Small Cap company with a market cap of Rs 6236.21 crore) operating in the construction sector. Ahluwalia Contracts (India)'s key products/revenue segments include Contract Revenue, Scrap, Lease Rentals, Project Consultancy Services and Property Development for the year ending 31-Mar-2024. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Linh Dong: Repossessed Houses For Sale At Prices That May Surprise You Foreclosed Homes | Search ads Search Now Financials For the quarter ended 31-03-2025, the company has reported a Consolidated Total Income of Rs 1233.87 crore, up 27.62% from last quarter Total Income of Rs 966.82 crore and up 4.92% from last year same quarter Total Income of Rs 1176.01 crore. The company has reported net profit after tax of Rs 83.22 crore in the latest quarter. The company's top management includes Ahluwalia, Uppal, Ahluwalia, Sharma, Prashad Gupta, Bhide, Khurana, Kumar Sachdeva. Company has Amod Agrawal & Associates as its auditors. As on 31-03-2025, the company has a total of 7 crore shares outstanding. Live Events Investment Rationale Ahluwalia has guided for 15% revenue growth despite a strong book-to-bill, on account of continued labour supply issues; it also envisages double-digit EBITDA margins continuing. The company targets OI of Rs 70?80 billion in FY26. Management expects execution of Rs 4-5 billion in the CSMT project in FY26. Downgrade to ADD; target price revised to Rs 1,020 Given the expensive valuations, ICICI Securities has downgraded the stock to ADD (from Buy) with a revised target price of Rs 1,020 (Rs 947 earlier). Promoter/FII Holdings Promoters held 55.32 per cent stake in the company as of 31-Mar-2025, while FIIs owned 12.07 per cent, DIIs 24.33 per cent.
Economic Times
5 days ago
- Business
- Economic Times
Buy Ahluwalia Contracts, target price Rs 1,210: JM Financial
JM Financial has maintained Buy call on Ahluwalia Contracts (India) with a revised target price of Rs 1210 (earlier Rs 1,200). The current market price of Ahluwalia Contracts (India) Ltd. is Rs 943.0 Time period given by analyst is year when Ahluwalia Contracts (India) price can reach the defined target. Ahluwalia Contracts, incorporated in 1979, is a Small Cap company with a market cap of Rs 6284.77 crore, operating in the Construction sector. ADVERTISEMENT Ahluwalia Contracts' key products/revenue segments include Contract Revenue, Scrap, Lease Rentals, Project Consultancy Services and Property Development for the year ending 31-Mar-2024. Financials For the quarter ended 31-03-2025, the company has reported a Consolidated Total Income of Rs 1233.87 crore, up 27.62% from last quarter Total Income of Rs 966.82 crore and up 4.92% from last year same quarter Total Income of Rs 1176.01 crore. The company has reported net profit after tax of Rs 83.22 crore in the latest quarter. The company's top management includes Ahluwalia, Uppal, Ahluwalia, Sharma, Prashad Gupta, Bhide, Khurana, Kumar Sachdeva. Company has Amod Agrawal & Associates as its auditors. As on 31-03-2025, the company has a total of 7 crore shares outstanding. Investment Rationale JM Financial likes Ahluwalia Contracts given its asset light business, lean balance sheet, consistent FCF generation over last 10 years and strong return ratios despite moderate margins. Robust backlog of Rs 158 billion provides a strong growth visibility. The brokerage expects robust revenue/EPS CAGR of 23%/46% over FY25-27E led by strong order backlog and recovery in margins. The stock is currently trading at 19x/15x FY26/27E EPS. JM Financial maintains a BUY with a revised price target of Rs 1210 (19x FY27 EPS). Promoter/FII Holdings Promoters held 55.32 per cent stake in the company as of 31-Mar-2025, while FIIs owned 12.07 per cent, DIIs 24.33 per cent. (You can now subscribe to our ETMarkets WhatsApp channel) Disclaimer: Views and recommendations given in this section are the analysts' own and do not represent those of Please consult your financial adviser before taking any position in the stock/s mentioned.
Time of India
5 days ago
- Business
- Time of India
Buy Ahluwalia Contracts, target price Rs 1,210: JM Financial
JM Financial has maintained Buy call on Ahluwalia Contracts (India) with a revised target price of Rs 1210 (earlier Rs 1,200). The current market price of Ahluwalia Contracts (India) Ltd. is Rs 943.0 Time period given by analyst is year when Ahluwalia Contracts (India) price can reach the defined target. Ahluwalia Contracts, incorporated in 1979, is a Small Cap company with a market cap of Rs 6284.77 crore, operating in the Construction sector. Ahluwalia Contracts' key products/revenue segments include Contract Revenue, Scrap, Lease Rentals, Project Consultancy Services and Property Development for the year ending 31-Mar-2024. Financials For the quarter ended 31-03-2025, the company has reported a Consolidated Total Income of Rs 1233.87 crore, up 27.62% from last quarter Total Income of Rs 966.82 crore and up 4.92% from last year same quarter Total Income of Rs 1176.01 crore. The company has reported net profit after tax of Rs 83.22 crore in the latest quarter. The company's top management includes Ahluwalia, Uppal, Ahluwalia, Sharma, Prashad Gupta, Bhide, Khurana, Kumar Sachdeva. Company has Amod Agrawal & Associates as its auditors. As on 31-03-2025, the company has a total of 7 crore shares outstanding. Live Events Investment Rationale JM Financial likes Ahluwalia Contracts given its asset light business, lean balance sheet, consistent FCF generation over last 10 years and strong return ratios despite moderate margins. Robust backlog of Rs 158 billion provides a strong growth visibility. The brokerage expects robust revenue/EPS CAGR of 23%/46% over FY25-27E led by strong order backlog and recovery in margins. The stock is currently trading at 19x/15x FY26/27E EPS. JM Financial maintains a BUY with a revised price target of Rs 1210 (19x FY27 EPS). Promoter/FII Holdings Promoters held 55.32 per cent stake in the company as of 31-Mar-2025, while FIIs owned 12.07 per cent, DIIs 24.33 per cent.
Cosmopolitan
02-06-2025
- Entertainment
- Cosmopolitan
Gold, chunky and chic — Pandora's new collection is an unexpected, summer-ready vibe shift
When I was growing up, a Pandora charm bracelet was a milestone for many girls. 16th, 18th and even 21st birthdays were marked by friends and families all chipping in to purchase the silver chain bracelet, in addition to a few carefully selected charms. I, however, was not one of these girls — the kind of jewellery I favoured consisted of safety pins shoved through the ear, padlocks worn about the neck and studded leather wrist cuffs from Camden Market. Therefore, a dainty heart clasp bracelet with dangling Disney characters, sentimental phrases and initials was never going to be up my street. As I have gotten older, I've held on to this perception of Pandora — that it's only for one, certain type of girl. A girl who probably loves horse riding, lives in the suburbs and gets on with her parents (no shade if that's you, it's just not me). However – and I rarely say this – perhaps I was wrong. In the past year, Pandora has collaborated with fashion designers like London-based Ahluwalia and fellow Copenhagen brand Rotate (with ambassador Pamela Anderson even attending the SS25 show). Its latest global campaign features icons such as Winona Ryder and Iman, and the brand's impressive sustainability initiatives range from lab-grown diamonds to partnering with UNICEF. Last year, Pandora launched its first Essence collection, described as 'representing the freedom to embrace natural forms and fluid lines in everyday style'. From stackable gold rings, pearl embellished earrings and wave shaped bangles, it was a far cry from the aforementioned charm bracelets of my youth. Plus, being made from sterling silver and 14-karat gold plating, all combined with affordable price tags, it's safe to say that my attention definitely piqued. Now, the brand has launched round two of Essence, again being inspired by Mother Nature, with pieces reflecting 'the wonders of the natural world'. The sleekness of the last collection is still present, with a focus on gold hardware across large-link necklaces, ripple-effect rings and wide hoop earrings. I love the bangles — the thin twisted one is £150, and I haven't taken it off since the collection came out. The stackable rings are also great, blending in easily with my own existing collection. And the freshwater pearl necklace has become an absolute staple in my jewellery rotation. While it is on the more expensive side, coming in at £350, it hasn't tarnished whatsoever despite me wearing it daily (I even went swimming in the sea in it recently, oops). It also forms the perfect base layer for other chain necklaces. Of course it wouldn't be Pandora without some charms, and the new summer range includes large starfish, cute seahorses and gem-studded seashells. Pandora introduced keyrings last year, which makes sense given that people are now (literally) fighting one another in the street to get their hands on a Labubu. Not to backtrack on the aforementioned bracelets, but given that the brand started offering charms 25 years ago, it only seems fair that the collective obsession with customisation, nostalgia and all things cute includes Pandora too. I'm quite obsessed with the fact you can seamlessly move the charms from earrings, to necklaces, to bags. As someone who loves being able to customise and alter pieces depending on my outfit, this is a massive bonus — the clippable stud earrings, £40, are kind of a revelation in that sense, and also ideal for people who love to wear mismatched jewellery (AKA me). And while the ocean themed charms demand to be worn by a beach, there's something quite fun about their specific seasonality. Who says you can't wear a starfish necklace on your office commute, anyway? So, consider me a Pandora convert — clearly there isn't just one type of girl its jewellery caters to, but many. With the price, quality, collaborations and sustainability standards all hitting just right, I look forward to seeing what the brand does next. Rebecca Jane Hill is the Senior Fashion Editor at Cosmopolitan UK. She has previously contributed to publications including Vogue, Elle, Marie Claire, Harper's Bazaar, Refinery29, The Face, Glamour and Stylist. She started her own magazine, Sister, in 2012 whilst at university. Focused around feminism, fashion and culture, it went on to produce 12 globally stocked print issues, as well as countless events and partnerships. She closed the magazine in 2023. Rebecca has been an associate lecturer at London College of Fashion since 2018, where she teaches on the Fashion Journalism course. She is a passionate second-hand shopper and is constantly on the lookout for new design talent.
Time of India
28-05-2025
- Time of India
Thai govt acts in kirpan row
Kolkata: The department of religious affairs of Thailand has issued a circular, stating that all establishments, such as hotels, schools, colleges and offices, will admit Sikhs and treat with respect their '5K symbols' of kesh (unshorn hair), kanga (comb), kara (steel bracelet), kirpan (dagger) and kachera (undershorts). Satnam Singh Ahluwalia, a member of the state minorities commission, was on April 12 denied check-in by a hotel in Bangkok as he was carrying a kirpan, one of the '5K symbols' of Sikhism . The staff at Shangri-La Bangkok had declined to accommodate Ahluwalia unless he deposited his kirpan with the security every time he entered and exited the hotel. Sri Guru Singh Sabha of Thailand took up the matter after Ahluwalia apprised them of the harassment at the hotel. According to an official at Thailand consulate, the circular was issued on May 22 in response to Sri Guru Singh Sabha of Thailand, which, in turn, took up the matter with the religious affairs department. The circular states: "The religious affairs department would like to inform that it has disseminated knowledge about the five religious symbols of Sikhism, which are religious identities that should be correctly and appropriately adorned, to various agencies relating to tourism and hotel businesses, such as the Royal Thai Police, the Immigration Bureau, the Ministry of Foreign Affairs, the Ministry of Transport, the Ministry of Tourism and Sports, the Thai Hotels Association, and the Professional Tour Guide Association of Thailand, so that they understand and respect peaceful coexistence in a multicultural society and use it as a guideline for treating people of different religions. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 180k traders trust IC Markets for CFD trading | Sign up today IC Markets Learn More Undo " Ahluwalia said, "The Thailand govt has taken action to protect the dignity of Sikhs within one month. Kirpan is not a weapon but a religious symbol for us. Posters have been put up for sensitising Thai people about our five religious symbols. The circular brings cheers to the Sikh community all over the world."
