Dilip Buildcon rises on emerging as L-1 bidder for HAM project in Jharkhand
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Dilip Buildcon is currently trading at Rs. 275.55, up by 2.65 points or 0.97% from its previous closing of Rs. 272.90 on the BSE.
The scrip opened at Rs. 272.90 and has touched a high and low of Rs. 277.25 and Rs. 272.90 respectively. So far 6310 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 749.30 on 13-Oct-2021 and a 52 week low of Rs. 233.80 on 29-Mar-2022.
Last one week high and low of the scrip stood at Rs. 285.60 and Rs. 261.50 respectively. The current market cap of the company is Rs. 3990.21 crore.
The promoters holding in the company stood at 70.15%, while Institutions and Non-Institutions held 16.88% and 12.97% respectively.
Dilip Buildcon has been declared as L-1 bidder for the tender floated by the National Highways Authority of India on Hybrid Annuity Mode (HAM) basis in the state of Jharkhand. The project is for Four laning of Mehgama- Hansdiha section of NH-133 from existing Km 41+900 to existing Km 93+000 in the State of Jharkhand on Hybrid Arnuity mode. The Completion period of the project is 24 months. Bid project cost for project is Rs 976.00 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.
