Dilip Buildcon inches up on getting completion certificate for Uttar Pradesh project
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Dilip Buildcon is currently trading at Rs. 197.45, up by 0.50 points or 0.25% from its previous closing of Rs. 196.95 on the BSE.
The scrip opened at Rs. 198.90 and has touched a high and low of Rs. 198.95 and Rs. 196.25 respectively. So far 1821 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 317.35 on 11-Apr-2022 and a 52 week low of Rs. 187.40 on 01-Jul-2022.
Last one week high and low of the scrip stood at Rs. 200.35 and Rs. 192.75 respectively. The current market cap of the company is Rs. 2879.70 crore.
The promoters holding in the company stood at 70.15%, while Institutions and Non-Institutions held 14.66% and 15.19% respectively.
Dilip Buildcon has received Completion Certificate for the project ‘Development of Bundelkhand Expressway (Package-VI) from Bakhariya (Dist. Auraiya) to Kudrail (Dist. Etawah) (Km. 250+000 to Km. 295+280) in the state of Uttar Pradesh on EPC basis.’ The company has received the letter of Completion Certificate from the authority. The project cost is Rs 1362.06 crore.
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.
