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Dilip Buildcon shines on getting nod to raise Rs 600 crore through NCDs

26 Dec 2017 Evaluate

Dilip Buildcon is currently trading at Rs. 1031.35, up by 39.05 points or 3.94% from its previous closing of Rs. 992.30 on the BSE.

The scrip opened at Rs. 1024.00 and has touched a high and low of Rs. 1040.85 and Rs. 1013.35 respectively. So far 44187 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1,040.85 on 26-Dec-2017 and a 52 week low of Rs. 216.25 on 26-Dec-2016.

Last one week high and low of the scrip stood at Rs. 1,040.85 and Rs. 864.25 respectively. The current market cap of the company is Rs. 14124.21 crore.

The promoters holding in the company stood at 75.63%, while Institutions and Non-Institutions held 16.63% and 7.74% respectively.

Dilip Buildcon has received its board’s approval for the proposal to raise Rs 600 crore by issuing Non Convertible Debentures (NCDs) on private placement basis. The company will issue and allot up to 6,000 non- convertible debentures of face value of Rs 10 lakh each in dematerialised form, bearing a coupon rate of 8.90 per cent payable at six months every year on a private placement basis.

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.

Dilip Buildcon Share Price

437.70 2.90 (0.67%)
13-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Lodha Developers 820.90
Dilip Buildcon 437.70
DLF 568.40
Oberoi Realty 1685.35
Ahluwalia Contract(I 784.50
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