Dilip Buildcon receives LOA from NHAI for HAM project in Telangana

Dilip Buildcon Ltd (DBL) has received letter of award (LOA) for a new HAM project viz. 'Four laning of NH-363 from Repallewada (Design Km 42.000/Existing Km 288.510) to Telangana/Maharashtra Border (Design Km 94.602/Existing Km 342.000) (Design Length = 52.602 Km) in the State of Telangana under NH (O) on Hybrid Annuity mode (HAM).'

The bid project cost is Rs. 1140.50 crore. The completion period for the project is 24 Months and the pperation period will be 15 years from COD.

Shares of Dilip Buildcon Ltd was last trading in BSE at Rs.367 as compared to the previous close of Rs. 373. The total number of shares traded during the day was 8093 in over 705 trades.

The stock hit an intraday high of Rs. 374.6 and intraday low of 367. The net turnover during the day was Rs. 2993254.

Source : Equity Bulls

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