DBL-RBL JV receives LOA for Gurugram Metro Project worth Rs. 1503.63 crore

DBL-RBL JV has received the Letter of Acceptance (LOA) for "Construction of Gurugram Metro Corridor between Millennium City Centre and Cyber City (26.65 Km) and Spur from Basai Village to Dwarka Expressway (1.85 Km) with total 27 stations.", and the value of the project is Rs. 1503.63 cr. (including GST).

The project involves Construction of Viaduct and 14 elevated stations from Millennium City Centre to Sector 9 (Inclusive) from chainage (-)381 m to 12603 m, spur to Dwarka Expressway (1.85 km) and ramp to Depot at Sector 33, underpass at Bhaktawar Chowk excluding PEB and Architectural finishing works of Gurugram Metro Corridor between Millennium City Centre and Cyber City (26.65 Km) and Spur from Basai Village to Dwarka Expressway (1.85 Km) with total 27 stations.

Shares of Dilip Buildcon Limited was last trading in BSE at Rs. 477.10 as compared to the previous close of Rs. 474.15. The total number of shares traded during the day was 28709 in over 697 trades.

The stock hit an intraday high of Rs. 481.40 and intraday low of 469.05. The net turnover during the day was Rs. 13536608.00.

Source : Equity Bulls

Keywords

DilipBuildcon INE917M01012 DBL RBL JV LOA