DBL-HCC JV receives LOA for new project in Gujarat

The joint venture (JV) of Dilip Buildcon Limited (DBL) and HCC has received letter of acceptance (LOA) for a new EPC project 'Construction of Bhadbhut Barrage, Flood Protection Embankments and associated works across River Narmada Near Village Bhadbhut of Bharuch District by Narmada, Water Resources, Water Supply and Kalpasar Department (Water Resources), Gujarat.'

The bid project cost is Rs. 4167.70 crore and the completion period is 48 Months. The maintenance period is 10 Years.

Shares of Dilip Buildcon Ltd was last trading in BSE at Rs.281 as compared to the previous close of Rs. 280.3. The total number of shares traded during the day was 19124 in over 1443 trades.

The stock hit an intraday high of Rs. 285.5 and intraday low of 277.4. The net turnover during the day was Rs. 5382931.

Shares of HINDUSTAN CONSTRUCTION CO.LTD. was last trading in BSE at Rs.5.89 as compared to the previous close of Rs. 6.07. The total number of shares traded during the day was 610216 in over 920 trades.

The stock hit an intraday high of Rs. 6.1 and intraday low of 5.86. The net turnover during the day was Rs. 3621014.

Source : Equity Bulls

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