MoneyWorks4Me

Dilip Buildcon climbs as its JV gets LOA worth Rs 699.03 crore

17 Aug 2023 Evaluate

Dilip Buildcon is currently trading at Rs. 310.05, up by 3.75 points or 1.22% from its previous closing of Rs. 306.30 on the BSE.

The scrip opened at Rs. 305.25 and has touched a high and low of Rs. 315.40 and Rs. 304.05 respectively. So far 53525 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 347.80 on 02-Aug-2023 and a 52 week low of Rs. 159.70 on 19-May-2023.

Last one week high and low of the scrip stood at Rs. 315.40 and Rs. 292.20 respectively. The current market cap of the company is Rs. 4527.55 crore.

The promoters holding in the company stood at 70.15%, while Institutions and Non-Institutions held 11.60% and 18.26% respectively.

Dilip Buildcon through Dilip Buildcon - Vijay Kumar Mishra Construction [DBL-VKMCPL (JV)] has received the letter of acceptance (LOA) dated August 16, 2023 from the Water Resource Department in the state of Madhya Pradesh, District -Mandsaur.

The project is for ‘Construction of Malhargarh Pressurized Micro Lift Major Irrigation Project on turnkey basis (Project for 46500 Ha. Irrigation) comprising of preparation of Construction drawings & design, obtaining approval of all construction drawing & design from the competent authority including construction of all civil, mechanical and electrical works involved in the construction of Project.’ The project cost is Rs 699.03 crore. The completion period of the project is 36 months.

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

420.65 1.75 (0.42%)
18-Aug-2026 16:59 View Price Chart
Peers
Company Name CMP
Lodha Developers 1214.40
Dilip Buildcon 420.65
Sobha 1308.85
Oberoi Realty 1870.60
Ahluwalia Contract(I 708.35
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through: