Dilip Buildcon Limited declares L1 bidder for two new HAM projects for Bangalore Chennai Expressway

Dilip Buildcon Limited has been declared as L-1 bidder for two new HAM projects "Bangalore Chennai Expressway under Bharatmala Pariyojna in the state of Karnataka, Phase-1 (Package- I & II) worth Rs. 2439 Crores." The projects are:

- 4 laning from km 0.000 to km 26.400 (along with 0.700km approach towards NH 207 with interchange on NH4 at start point) of Bangalore to Malur Section of Bangalore Chennai Expressway on Hybrid Annuity Mode under Bharatmala Pariyojna, in the state of Karnataka (Phase-1 Package-I). The bid project cost is Rs. 1160.00 crore. The completion period is 24 months and operation period is 15 years from COD.

- 4 Lane Expressway from km 26.400 to km 53.500 of Malur to Bangarpet Section of Bangalore Chennai Expressway on Hybrid Annuity Mode under Bharatmala Pariyojna in the state of Karnataka (Phase-1 Package-II). The bid project cost is Rs. 1279.00 crore. The completion period is 24 months and operation period is 15 years from COD.

Shares of Dilip Buildcon Ltd was last trading in BSE at Rs.630.15 as compared to the previous close of Rs. 622.9. The total number of shares traded during the day was 20638 in over 998 trades.

The stock hit an intraday high of Rs. 643 and intraday low of 625.9. The net turnover during the day was Rs. 13043996.

Source : Equity Bulls

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