Dilip Buildcon gains on getting provisional completion certificate for Chhattisgarh project
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Dilip Buildcon is currently trading at Rs. 251.20, up by 0.80 points or 0.32% from its previous closing of Rs. 250.40 on the BSE.
The scrip opened at Rs. 251.95 and has touched a high and low of Rs. 255.15 and Rs. 248.70 respectively. So far 14991 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 266.55 on 04-Jul-2023 and a 52 week low of Rs. 159.70 on 19-May-2023.
Last one week high and low of the scrip stood at Rs. 263.70 and Rs. 244.00 respectively. The current market cap of the company is Rs. 3645.14 crore.
The promoters holding in the company stood at 70.15%, while Institutions and Non-Institutions held 11.60% and 18.26% respectively.
Dilip Buildcon has received Provisional Completion Certificate for project ‘4 lane with paved shoulder configuration of Pathrapali-Kathghora (Km. 53.300 to Km. 92.600) Pkg-II of Bilaspur-Kathghora section of NH-111 (New NH-130) in the State of Chhattisgarh under Bharatmala on Hybrid Annuity Mode’.
The Provisional Completion Certificate has been issued by the authority and had declared the project fit for entry into commercial operation as on June 16, 2023.
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.
