Dilip Buildcon earns early completion bonus
Amir Shaikh / 05 Apr 2017
The company has earned early completion bonus of Rs 220.6 crore as of June 2016. As per company, it has executed ~90 per cent projects before time.
Furthermore, on April 3, 2017, the company received the provisional completion certificate as declaration of Commercial Operation Date (COD), 100 days prior to the scheduled completion date for the projects of rehabilitation and upgradation of existing road to two lanes with paved shoulder as cement concrete pavement configuration Katni-Shahdol-Anuppur to MP/Chhattisgarh Border (NH-78).
Hence, the company is entitled to maximum bonus of Rs 10.20 crore on account of obtaining provisional completion certificate/commercial prior to scheduled completion date.
The company has earned early completion bonus of Rs 220.6 crore as of June 2016. As per company, it has executed ~90 per cent projects before time.
The company has a strong order book of ~Rs 13,600 crore and in addition to these, company has recently won two HAM and EPC projects worth Rs 4180 crore and Rs 1083.6 crore, respectively.
If you want to stay updated with the share market news today, keep a close watch on the indian stock market today with real time movements like sensex today live and overall stock market today trends. Investors tracking ipo allotment status, ipo news today, or the latest ipo india can also follow daily updates along with bse share price live data. Whether you are learning how to invest in stock market in india, preparing for a market crash today, or searching for the best stocks to buy in india, insights on top gainers today india, top losers today india, trending stocks india and long term stocks india help in making informed investment decisions.