Dilip Buildcon surges on getting declared L-1 bidder for project worth Rs 2952 crore
Dilip Buildcon is currently trading at Rs 486.60, up by 9.50 points or 1.99% from its previous closing of Rs 477.10 on the BSE.
The scrip opened at Rs 486.80 and has touched a high and low of Rs 492.50 and Rs 476.35 respectively. So far 28265 shares were traded on the counter.
The BSE group 'A' stock of face value Rs 10 has touched a 52-week high of Rs 588.40 on 28-Aug-2024 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 492.50 and Rs 458.75 respectively. The current market cap of the company is Rs 7928.93 crore.
The promoters holding in the company stood at 63.14%, while Institutions and Non-Institutions held 8.64% and 28.21% respectively.
Dilip Buildcon through DBL-RAMKY Consortium has declared as L-1 bidder for the tender floated by the Rajasthan Water Grid Corporation (erstwhile known as Eastern Rajasthan Canal Project Corporation) on Hybrid annuity model. The project is valued at Rs 2952 crore (including GST).
The project is for the construction of feeder from isarda to khura chainpura to bandh baretha bharatpur including all components with its O&M for a period of 20 years on Hybrid annuity model (ERCP-09-TF-8). The project is to be executed within 27 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.
