Dilip Buildcon scores high after bagging order

Dilip Buildcon has bagged order from National Highway Authority of India (NHAI) for the project Chichra to Kharagpur in the State of West Bengal under Engineering, Procurement and Construction (EPC) mode.

The project involves four laning with paved shoulders of NH-6 from Chichra to Kharagpur (Km 185.15 to Km 134.4) including rehabilitation of existing four lane road from Km 134.4 to Km 129.6 in the state of West Bengal under EPC mode. The cost for the project is Rs 613.08 crore having length of 55.52 Km and completion period of 30 months.

Dilip Buildcon has also received order from NHAI for the Project Eeppurpalem - Ongole in the State of Andhra Pradesh under EPC mode. The project involves rehabilitation and upgradation of Eeppurpalem - Ongole section from Km 195 to Km 254.5 of NH-214A (New NH-216) to two lanes with paved shoulder in the state of Andhra Pradesh under NHDP - IV on EPC basis. The project is worth Rs 350.01 crore having length of 57.874 Km and completion period of 24 months.

The share price of Dilip Buildcon has increased by 5.4 per cent on bourses in early trades; and is trading at Rs 242.25 on an intraday basis.