Dilip Buildcon Ltd declared L1 for NHAI tender in Tamil Nadu

Dilip Buildcon Limited has been declared as L-1 bidder for the tender floated by the National Highways Authority of India ("NHAI") on Hybrid Annuity basis in the state of Tamil Nadu.

The tender involves 4 laning of Paramakudi to Ramanathapuram Sec of NH49 New NH87 from Km 80.360 to Km 127.025 DC in Tamil Nadu on Hybrid Annuity Mode (Project Length-46.665 Km).

The project cost excluding GST is Rs. 879.30 crores.

Shares of Dilip Buildcon Limited was last trading in BSE at Rs. 480.20 as compared to the previous close of Rs. 477.90. The total number of shares traded during the day was 11293 in over 464 trades.

The stock hit an intraday high of Rs. 487.80 and intraday low of 471.00. The net turnover during the day was Rs. 5382815.00.

Source : Equity Bulls

Keywords

DilipBuildcon INE917M01012 DBL Roads Highways L1 NHAI Tender TamilNadu Paramakudi Ramanathapuram NH49 NH87