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Dilip Buildcon gains on emerging lowest bidder for EPC project in Uttar Pradesh

22 Mar 2018 Evaluate

Dilip Buildcon is currently trading at Rs. 983.00, up by 7.95 points or 0.82% from its previous closing of Rs. 975.05 on the BSE.

The scrip opened at Rs. 975.05 and has touched a high and low of Rs. 993.60 and Rs. 975.05 respectively. So far 17638 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1059.00 on 27-Dec-2017 and a 52 week low of Rs. 337.10 on 28-Mar-2017.

Last one week high and low of the scrip stood at Rs. 993.60 and Rs. 954.75 respectively. The current market cap of the company is Rs. 13429.42 crore.

The promoters holding in the company stood at 75.63%, while Institutions and Non-Institutions held 15.74% and 8.63% respectively.

Dilip Buildcon has been declared L-1 (lowest) bidder for a new EPC Project valued at Rs 677.07 crore by the National Highways Authority of India (NHAI) in the State of Uttar Pradesh. The project is for Rehabilitation and Up- gradation from 2 lane to 4 lane of NH Stretch under NHDP-IVB for Lalganj -Hanumanha Section of NH-7 (Pkg-3) on EPC Mode in the State of Uttar Pradesh & Design Chainage Km 96+800 to 140+200.

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.

Peers
Company Name CMP
Lodha Developers 1120.30
Prestige EstatesProj 1458.00
Dilip Buildcon 408.15
DLF 666.50
Oberoi Realty 1832.50
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