Dilip Buildcon rises on getting declared as L-1 bidder for project worth Rs 879.30 crore
Dilip Buildcon is currently trading at Rs. 484.00, up by 3.80 points or 0.79% from its previous closing of Rs. 480.20 on the BSE.
The scrip opened at Rs. 490.05 and has touched a high and low of Rs. 493.00 and Rs. 483.75 respectively. So far 13914 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 587.90 on 24-Sep-2025 and a 52 week low of Rs. 363.45 on 28-Jan-2025.
Last one week high and low of the scrip stood at Rs. 495.00 and Rs. 471.00 respectively. The current market cap of the company is Rs. 7882.64 crore.
The promoters holding in the company stood at 63.14%, while Institutions and Non-Institutions held 8.01% and 28.85% respectively.
Dilip Buildcon has been declared as L-1 bidder for the tender floated by the National Highways Authority of India (NHAI) on Hybrid Annuity basis in the state of Tamil Nadu. The project is valued at Rs 879.30 crore (excluding GST).
The contract is for 4 laning of Paramakudi to Ramanathapuram Sec of NH49 New NH87 from Km 80.360 to Km 127.025 DC in Tamil Nadu on Hybrid Annuity Mode (Project Length-46.665 Km). The project is to be executed within 24 months and the operation period will be 15 years from COD.
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.
