New Delhi, July 15 -- Shares of Ahluwalia Contracts (India) Limited rallied over 7 percent in intra-day trade on Tuesday, July 15, after the company announced a major project win from DLF Limited. The order pertains to civil and structural construction, including rough finishing work for "The Dahlias" residential project located in DLF5, Gurugram.

In a regulatory filing, Ahluwalia Contracts confirmed that the project has been awarded by a domestic entity and falls under the residential housing category. The contract is valued at Rs.2,089 crore, excluding GST, and is scheduled to be executed over 44 months, marking one of the largest recent wins for the company in the real estate construction space.

The latest DLF order comes close on th...