Dilip Buildcon Ltd having been declared L1 bidder in the reverse auction conducted by Northern Coalfields Limited (NCL), a subsidiary of coal India Limited on 25.9.2019, has been issued Letter of Award (LoA) dated 18.11.2019 for Removal of Over burden at Nigahi OCP, Singrauli Area in the state of Madhya Pradesh.
The project is for "Excavation of Overburden of First Dig (Solid) by Mechanical Means such as Excavators, Dumpers / Tippers, Drills, Dozers, Graders and Water Sprinklers for Composite Work Consisting of Blast Hole Drilling, Excavation, Loading, Transportation of Broken Rocks / Soil / Earth, Unloading / Dumping, Spreading, Dozing, Water Sprinkling and Grading etc. as per instructions of Engineer-in-charge at Specified Places at Nigahi OCP of NCL at Singrauli District in the State of Madhya Pradesh."
The contract period is 1552 days and the contract value is Rs. 2122.74 crores (Including GST).
Shares of Dilip Buildcon Ltd was last trading in BSE at Rs.403.9 as compared to the previous close of Rs. 397.95. The total number of shares traded during the day was 21714 in over 791 trades.
The stock hit an intraday high of Rs. 409 and intraday low of 400. The net turnover during the day was Rs. 8761420.