Hot Pursuit
Dilip Buildcon Ltd. is down 2.05% to Rs 404.0 today, adding to recent declines that have seen the stock slip 4.11% over the last one week.
Dilip Buildcon Limited has been selected as the successful bidder by REC Power Development and Consultancy Limited (RECPDCL) for the development and operation of a 400 KV Intra State Transmission System in Yavatmal, Maharashtra, under a Tariff Based Competitive Bidding (TBCB) route. The project, involving the establishment of transmission assets on a Build, Own, Operate and Transfer (BOOT) basis, has a construction period of 24 months and a concession period of 35 years from the Commercial Operation Date. The value of the EPC contract to Dilip Buildcon is Rs 1151.47 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 saw a trading volume of 1.69 lakh today, a decrease of 85.54% from the average volume over the last one week. Dilip Buildcon Ltd. has dropped by 20.62% year-over-year, underperforming the 7.03% loss registered by the NIFTY50 index.