Dilip Buildcon Ltd JV executes contract agreement with Gujarat Metro Rail Corporation Ltd

Dilip Buildcon Ltd through RBL-DBL JV has executed a contract agreement with the Gujarat Metro Rail Corporation (GMRC) Limited on December 13, 2022.

The order is for construction of 10.559 Km Elevated Viaduct and 11 Nos. Stations (Excl. E&M, Architectural Finishing and Roofing) from Bheshan Dead End [Ch. -949.63m] to Majura Gate Station (Ch. 9090m) including Viaduct Ramp to Depot Entry Near Bheshan for Surat Metro Rail Project Phase - 1, Corridor-2 (Package 1) [Pkg-CS-5)."

The project cost is Rs. 1061.00 crores.

Shares of Dilip Buildcon Limited was last trading in BSE at Rs. 231.50 as compared to the previous close of Rs. 228.40. The total number of shares traded during the day was 16101 in over 823 trades.

The stock hit an intraday high of Rs. 234.70 and intraday low of 229.00. The net turnover during the day was Rs. 3743713.00.

Source : Equity Bulls

Keywords

DilipBuildcon INE917M01012 DBL ContractAgreement GujaratMetroRailCorporation