Dilip Buildcon rises on getting provisional certificate for completion of bridge across River zuari
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Dilip Buildcon is currently trading at Rs. 275.05, up by 9.35 points or 3.52% from its previous closing of Rs. 265.70 on the BSE.
The scrip opened at Rs. 265.00 and has touched a high and low of Rs. 285.60 and Rs. 264.70 respectively. So far 115866 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. 287.55 and Rs. 261.50 respectively. The current market cap of the company is Rs. 3990.94 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 received provisional completion certificate for construction of approaches in Ch.522/615 to Ch.530/850 for Bridge across River zuari on NH-17/NH-66 on Panjim - Mangalore section in the State of Goa (Package I) on EPC basis. The Provisional completion certificate has been issued by the authority and had declared the project fit for entry into commercial operation as on March 23, 2022. The project cost is Rs 440.10 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.
