Dilip Buildcon Ltd receives LOA for HAM project

Dilip Buildcon Ltd has received the letter of acceptance (LOA) dated February 28, 2022 from the National Highways Authority of India for a new Hybrid Annuity Mode project in the state of Chhattisgarh.

The project is for Development of Six lane Sargi - Basanwahi Section of NH-130-CD Road from km 42+800 to km 99+500 under Raipur-Visakhapatnam Economics Corridor in the state of Chhattisgarh on Hybrid Annuity Mode (Package CG-2) (Legth 56.700 km).

The bid project cost is Rs. 1255.00 crores. The completion period for the project is 24 Months.

Shares of Dilip Buildcon Limited was last trading in BSE at Rs. 268.70 as compared to the previous close of Rs. 264.15. The total number of shares traded during the day was 69397 in over 1543 trades.

The stock hit an intraday high of Rs. 271.45 and intraday low of 253.25. The net turnover during the day was Rs. 18306083.00.

Source : Equity Bulls

Keywords

DilipBuildcon INE917M01012 DBL Roads Highways NHAI LOA HAMProject Chhattisgarh