Hot Pursuit
Dilip Buildcon Ltd. remains unchanged at Rs 427.4, after recently rising and gaining 5.96% over the last week.
Dilip Buildcon Limited has been selected as the successful bidder by REC Power Development and Consultancy Limited (RECPDCL) to develop and operate an Intra State Transmission System for a period of 35 years, commencing after a 24-month construction period. The project, involving the establishment of a 400 KV Gis Solapur/ Paranda Switching Station in Dharashiv, Maharashtra, will be executed on a Build, Own, Operate and Transfer (BOOT) basis and is valued at Rs 1265 crore (excluding GST). Trading window for the company's securities has been closed until 48 hours from the public availability of this information, in accordance with SEBI regulations.
Dilip Buildcon Ltd. shares traded at a volume of 6.02 lakh today, a surge of 274.04% compared to the average volume over the last one week. Dilip Buildcon Ltd. fell by 24.46% year-over-year, underperforming the 8.17% loss registered by the NIFTY50 index.