Dilip Buildcon Limited declared L1 bidder for IRCON International Ltd tender

Dilip Buildcon Limited has been declared as L-1 bidder for the tender floated by the IRCON International Ltd. for the Railway PKG-2 on Percentage Rate (EPC Project) in the state of Chhattisgarh.

The order comprises, 'Package-2:- Civil works including Earthwork for Railway formation, Blanketing work Minor Bridges, Major Bridges, RoB, RUB, Track linking works (including supply of Ballast but excluding supply of Rails and Sleepers), Station building and other service buildings, Staff Quarters, Platform Work including general electrical work for the section between Sendurgarh (km 67) to Pendra Road (135 Km) in connection with the construction of New BG Electrified Double Railway Line for Chhattisgarh East West Rail Corridor from Gevra Road (Km 0) to Pendra Road (Km 135) in the state of Chhattisgarh over South East Central Railway.'

The bid project cost is Rs. 654.97 crore. The completion period is 30 Months.

Shares of Dilip Buildcon Ltd was last trading in BSE at Rs.490.1 as compared to the previous close of Rs. 460.65. The total number of shares traded during the day was 76945 in over 3931 trades.

The stock hit an intraday high of Rs. 493.9 and intraday low of 455. The net turnover during the day was Rs. 36625444.

Source : Equity Bulls

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