Dilip Buildcon declared L-1 bidder through JV by DMRC; stock up 1%

Dilip Buildcon informed the exchanges that it has been declared L-1 bidder through a JV for the project of Part Design and Construction of Elevated Viaduct, Elevated Ramp, Siding lines, Viaduct for connection to Mukundpur Depot and four Elevated Stations, Phase-IV of Delhi MRTS and partly integrated and partly independent flyover of PWD between Azadpur and Derawal Nagar on G.T. Road by Delhi Metro Rail Corporation Limited.

The total cost of the project is Rs825.62cr. The completion period is 30 months.

Dilip Buildcon Ltd is currently trading at Rs382.40 up by Rs5.3 or 1.41% from its previous closing of Rs377.10 on the BSE.

The scrip opened at Rs380 and has touched a high and low of Rs386.40 and Rs380 respectively. So far 64,443 (NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs5,157.59cr.

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