Dilip Buildcon shines after receiving a new order
DSIJ Intelligence / 18 Aug 2016
Dilip Buildcon has been awarded a new project of Rs 2016 crore by National Highways Authority of India. The company will delve into 4-laning of Lucknow- Sultanpur section of NH-56 from 11.5 km to 134 km in the state of Uttar Pradesh under National Highways Development Project (NHDP) Phase – IV on a hybrid annuity basis.
Dilip Buildcon has been awarded a new project of Rs 2016 crore by National Highways Authority of India. The company will delve into 4-laning of Lucknow- Sultanpur section of NH-56 from 11.5 km to 134 km in the state of Uttar Pradesh under National Highways Development Project (NHDP) Phase – IV on a hybrid annuity basis.
This is the second week of Dilip Buildcon being listed on bourses. The company has made a firm debut on the bourses with the stock closing 16 per cent above its issue price of Rs 219. The stock listed at a near 10 per cent premium over its Initial Public Offer (IPO) price.
The share price of Dilip Buildcon has increased by 1.78 per cent on bourses; and closed at Rs 242 on an intraday basis.
Dilip Buildcon provides pre-construction and construction solutions. The company offers construction services, bridges' construction services, commercial construction services, civil construction services and weigh bridge construction services.
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