Rs 29,372 crore order book: Construction Company Wins Rs 160.20 Crore Road Project in Odisha

On Friday, shares of Dilip Buildcon Ltd fell 3.03 per cent to close at Rs 440.4 per share from its previous closing of Rs 454.15 per share. The stock’s 52-week high is Rs 585 per share and its 52-week low is Rs 376 per share. During the session, the stock touched an Intraday high of Rs 451.5, which was around 0.58 per cent lower than the previous close.

Dilip Buildcon Ltd on March 14, 2026 announced that it has been declared the L-1 (lowest) bidder for a new road development project in Odisha. The contract has been awarded by Odisha Bridge & Construction Corporation Ltd (OBCCL), a domestic government entity.

The project involves the construction of a diversion road from 4/700 km to 11/500 km on the Duduka–Gopalpur–Toparia Road in Sundargarh district. The road infrastructure will be developed as a 6-lane corridor along with a service road to improve traffic movement and connectivity in the region.

According to the company, the total value of the project stands at Rs 160.20 crore, excluding GST. The contract will be executed under the Engineering, Procurement and Construction (EPC) model and is expected to be completed within 18 months.

The company also clarified that the order does not fall under related party transactions. It added that the promoter or promoter group of the company does not have any interest in the awarding entity.

Headquartered in Bhopal, Dilip Buildcon Ltd is a leading infrastructure development company involved in large-scale civil engineering and construction projects across India.

The company has a market cap of over Rs 7,100 crore. The stock price has declined by 0.22 per cent in last 1 year. The stock is currently about 17.13 per cent above its 52-week low of Rs 376 per share.

Disclaimer: The article is for informational purposes only and not investment advice.