Dilip Buildcon receives LOA for Surat Metro Rail Project Phase-1

Dilip Buildcon Limited has received letter of acceptance (LOA) from the Gujarat Metro Rail Corporation (GMRC) Limited for "Surat Metro Rail Project Phase-I (Pkg-CS-6)" in the state of Gujrat, order worth Rs.702.02 Crores.

The LOA is for "Construction of 8.702 kms elevated viaduct and 7 nos. stations (Excl. E&M, Architectural Finishing and Roofing) from Majura Cate (Ch. 9090 m) to Saroli Dead End (Ch. 17791.851 m) under conidor-2 in connection with Surat Metlo Rail Project Phase - I (Pkg-CS-6)."

Shares of Dilip Buildcon Limited was last trading in BSE at Rs. 217.30 as compared to the previous close of Rs. 217.25. The total number of shares traded during the day was 17046 in over 668 trades.

The stock hit an intraday high of Rs. 222.90 and intraday low of 216.80. The net turnover during the day was Rs. 3739412.00.

Source : Equity Bulls

Keywords

DilipBuildcon INE917M01012 LOA GujaratMetroRailCorporation SuratMetroRailProject Phase1