Ahladha engineering limited preparing for next run upAhlada Engineers Limited, founded in 2005 and headquartered in Hyderabad, is a leading Indian manufacturer of steel doors and windows, cleanroom equipment, and school furniture, known for its quality, durability, and innovation.
Book value around 106
Current price around 64
Easy target 120
Good to accumulate now. Nifty start change bear to bull mode
AHLADA trade ideas
Ahlada Engineers LtdCompany expects to obtain orders from Tata Steel Ltd on a quarterly basis, where payments are based on buy-sell model and realized in proportion of sales made.
AEL has an unexecuted order book value of Rs. 3,638 million for FY24, out of which Rs. 2,608 million (72%) is towards Andhra Pradesh Education and Welfare Infrastructure Development Corp and Telangana State Education Women and Infrastructure Development Corp building doors, steel windows, green chalk boards, RO plants and dual desks. TSL accounts for 17.5% of the total order book of Rs. 63 million