Dilip Buildcon Ltd - Altis-Holding Corporation JV receives LOA for new EPC project

Dilip Buildcon Limited-M/s ALTIS-HOLDING CORPORATION (DBL AHC JV) has received letter of acceptance (LOA) for a new EPC Project: Construction of Eight Lane access controlled Expressway starting near Junction with NH-12 near village Ummedpura to Major bridge over Takli river near Nayagaon Jageer village (Ch. 419.000-427.300) section of Delhi - Vadodara Green field Alignment (NH-148N) in the State of Rajasthan on EPC Mode (Pkg-15)

The Company through JV i.e. Dilip Buildcon Limited-M/s ALTIS-HOLDING CORPORATION (DBL AHC JV) has received the letter of acceptance (LOA) on December 22, 2020 from the NHAI in the State of Rajasthan on EPC Mode.

The bid project cost is Rs. 1000.08 crore and completion period is 30 months.

Shares of Dilip Buildcon Ltd was last trading in BSE at Rs.359.85 as compared to the previous close of Rs. 368.1. The total number of shares traded during the day was 31656 in over 1650 trades.

The stock hit an intraday high of Rs. 373.8 and intraday low of 341.6. The net turnover during the day was Rs. 11241572.

Source : Equity Bulls

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