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Dilip Buildcon gains on receiving provisional completion certificate for project in Andhra Pradesh

12 Feb 2019 Evaluate

Dilip Buildcon is currently trading at Rs. 366.60, up by 12.15 points or 3.43% from its previous closing of Rs. 354.45 on the BSE.

The scrip opened at Rs. 360.25 and has touched a high and low of Rs. 371.85 and Rs. 360.25 respectively. So far 31740 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1248.35 on 15-May-2018 and a 52 week low of Rs. 311.55 on 05-Feb-2019.

Last one week high and low of the scrip stood at Rs. 371.85 and Rs. 313.20 respectively. The current market cap of the company is Rs. 5018.77 crore.

The promoters holding in the company stood at 75.63%, while Institutions and Non-Institutions held 15.59% and 8.77% respectively.

Dilip Buildcon has received Provisional Completion Certificate (PCC) for the project of rehabilitation and up gradation of NH-18 (New NH-40) from Km 108/850 to Km 160/200 (Rayachoty to Kadapa section) to two lane with paved shoulder in the state of Andhra Pradesh under corridor approach through Engineering, Procurement & Construction (EPC) basis.

The PCC has been issued by the authority on February 11, 2019 and has declared the project fit for entry into commercial operation as on September 10, 2018 and consequently the company is entitled to maximum bonus of Rs 3.56 crore in lieu of earlier completion (60 days prior to the schedule completion date) of the said Project.

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

457.25 -0.30 (-0.07%)
20-Apr-2026 12:56 View Price Chart
Peers
Company Name CMP
Lodha Developers 866.40
Dilip Buildcon 457.25
DLF 599.90
Oberoi Realty 1705.00
Ahluwalia Contract(I 840.65
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