Dilip Buildcon Declared L-1 Bidder for ₹668 Cr Narmada Flood Project

Dilip Buildcon Limited has been declared the lowest (L-1) bidder for the construction of a flood protection embankment on the Narmada River in Bharuch District, Gujarat.

The Engineering, Procurement, and Construction (EPC) contract, floated by the Narmada Water Resources, Water Supply & Kalpasar Department, Government of Gujarat, carries a project cost of ₹668.02 crore excluding GST. The work involves building critical infrastructure to safeguard the region from Narmada River flooding, with a completion timeline of 24 months.

This development aligns underscores Dilip Buildcon's expertise in executing high-value water resources and infrastructure projects.

Shares of Dilip Buildcon Limited was last trading in BSE at Rs. 435.00 as compared to the previous close of Rs. 430.60. The total number of shares traded during the day was 3675 in over 263 trades.

The stock hit an intraday high of Rs. 438.40 and intraday low of 427.65. The net turnover during the day was Rs. 1600381.00.

Source : Equity Bulls

Keywords

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