DBL Borgaon Watambare Highways Private Limited, wholly owned subsidiary of Dilip Buildcon Ltd has received the financial closure letter dated April 11, 2019 from the National Highways Authority of India for the project for Four Laning of Sangli-Solapur (Package - II: Borgaon to Watambare) section of NH-166 from existing Ch. km. 219.956 to Ch. 272.394 (Design Ch. km. 224.000 to km. 276.000) of length 52 km. in the State of Mahamshtra on Hybrid Annuity Mode.
The Construction Period for the project is 24 Months and Operation Period is 15 years from COD.
Shares of Dilip Buildcon Ltd was last trading in BSE at Rs.623 as compared to the previous close of Rs. 621.3. The total number of shares traded during the day was 10108 in over 384 trades.
The stock hit an intraday high of Rs. 628.5 and intraday low of 610. The net turnover during the day was Rs. 6256230.