Dilip Buildcon is currently trading at Rs. 238.00, up by 8.80 points or 3.84% from its previous closing of Rs. 229.20 on the BSE.

dilip buildcon gains on executing epc agreement for karnataka project
Dilip Buildcon

The scrip opened at Rs. 244.00 and has touched a high and low of Rs. 244.00 and Rs. 235.95 respectively. So far 20556 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 10 has touched a 52 week high of Rs. 513.85 on 17-Dec-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. 244.00 and Rs. 222.45 respectively. The current market cap of the company is Rs. 3351.25 crore.

The promoters holding in the company stood at 70.15%, while Institutions and Non-Institutions held 15.43% and 14.41% respectively.

Dilip Buildcon has received the letter of acceptance (LOA) from the National Highways Authority of India (NHAI) for Development of 6 lane Access Controlled Greenfield Highway from km. 97.000 to km 162.500 Maradgi S Andola to Baswantpur section of NH-150C (Package-III of Akkalkot-KNT/TS border) in the state of Karnataka on Hybrid Annuiry Mode under Bharatmala Pariyojna. The bid project cost is Rs 1589 crore.

The completion period of the project is 30 months and operation period is 15 years from commercial operation date (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.