Dilip Buildcon rises on getting declared as L-1 bidder by Madhya Pradesh Jal Nigam Maryadit
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Dilip Buildcon rises on getting declared as L-1 bidder by Madhya Pradesh Jal Nigam Maryadit
Jul-12-2022 14:25 Hrs IST
Dilip Buildcon is currently trading at Rs. 205.80, up by 0.85 points or 0.41% from its previous closing of Rs. 204.95 on the BSE.
The scrip opened at Rs. 205.90 and has touched a high and low of Rs. 209.30 and Rs. 204.80 respectively. So far 31398 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. 187.40 on 01-Jul-2022.
Last one week high and low of the scrip stood at Rs. 209.30 and Rs. 193.60 respectively. The current market cap of the company is Rs. 3016.41 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 Madhya Pradesh Jal Nigam Maryadit, Bhopal (MP). The project is for ‘engineering, procurement, construction, testing, commissioning, trial run and operation and maintenance of various components of Gandhisagar-2 Multi-Village Scheme, Districts Mandsaur and Neemuch in Single Package on Turn-Key Job Basis' including trial run and operation and maintenance of the entire water supply scheme for 10 years in the state of Madhya Pradesh’. The project cost is Rs 1400.04 crore (excluding GST) with completion period of 28 months.
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.
