Dilip Buildcon Ltd receives LOA for new HAM project in Bihar

Dilip Buildcon Ltd (DBL) has received letter of acceptance (LOA) for a new HAM project viz. 'Construction and upgradation of NH - 131A from Km 34.600 (design Ch: 6.000) near Narenpur to Km 79.970 (design Ch: 53.000) near Purnea to 4 lane standard and from Km 79.970 (design Ch: 53.000) to Km 82.000 (design Ch: 55.000) near Purnea to 2 lane with paved Shoulders standard in the State of Bihar on (Hybrid Annuity) Mode Project.'

The bid project cost is Rs. 1905 crore. The completion period is 24 months and operational period is 15 years from COD.

Shares of Dilip Buildcon Ltd was last trading in BSE at Rs.349 as compared to the previous close of Rs. 362.25. The total number of shares traded during the day was 13761 in over 946 trades.

The stock hit an intraday high of Rs. 359 and intraday low of 344.95. The net turnover during the day was Rs. 4807834.

Source : Equity Bulls

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