Hot Pursuit
Dilip Buildcon Ltd. is currently down 2.10% to Rs 403.8, extending a recent decline that has seen the stock fall 4.15% over the last week.
Dilip Buildcon Limited has secured a significant project, emerging as the L-1 bidder for the construction of a 4-lane elevated corridor in Solapur City, Maharashtra, with a project cost of Rs 688.23 Crores (excluding GST). The project, awarded by the National Highways Authority of India (NHAI) under a Hybrid Annuity Mode (HAM), spans 9.66 kilometers and includes a construction period of 24 months, followed by a 15-year operation period from the commencement of operations date (COD). Trading window for company insiders will remain closed until 48 hours after the information is generally available to the public, in compliance with SEBI regulations.
Dilip Buildcon Ltd. shares traded with a volume of 1.86 lakh today, a decrease of 84.14% compared to the average volume over the last one week. Dilip Buildcon Ltd. declined by 20.66% year-over-year, underperforming the NIFTY50 index's loss of 7.03%.