Dilip Buildcon jumps on getting LoA for two new HAM project in Karnataka
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Dilip Buildcon is currently trading at Rs. 680.65, up by 11.25 points or 1.68% from its previous closing of Rs. 669.40 on the BSE.
The scrip opened at Rs. 689.00 and has touched a high and low of Rs. 701.65 and Rs. 671.45 respectively. So far 16161 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 719.00 on 04-Mar-2021 and a 52 week low of Rs. 193.40 on 25-Mar-2020.
Last one week high and low of the scrip stood at Rs. 719.00 and Rs. 620.50 respectively. The current market cap of the company is Rs. 9272.99 crore.
The promoters holding in the company stood at 75.00%, while Institutions and Non-Institutions held 15.98% and 9.03% respectively.
Dilip Buildcon has received the letter of acceptance (LOA) from the National Highways Authority of India (NHAI) for two new HAM projects viz 4 Laning from km 0.000 to km 26.400 (along with 0.700km approach towards NH 207 with interchange on NH4 at start point) of Bangalore to Malur Section of Bangalore Chennai Expressway on Hybrid Annuity Mode under Bharatmala Pariyoina in the state of Karnataka (Phase- 1, package I) and 4 Lane Expressway from km 26.400 to km 53.500 of Malur to Bangarpet Section of Bangalore Chennai Expressway on Hybrid Annuity Mode under Bharatmala Pariyojna in the state of Karnataka (Phase- 1, package II).
Dilip Buildcon’s core business is undertaking construction projects across India in the roads and irrigation sectors. They specialize in constructing state and national highways, city roads, culverts and bridges
