Rs 15,000 crore order book: Tunnel construction company bags order worth Rs 1,341 crore from Konkan Railway Corporation Ltd
The stock is up by 34.15 per cent from its 52-week low of Rs 363.45 per share.
Dilip Buildcon Ltd has received a Letter of Acceptance (LOA) from Konkan Railway Corporation Ltd for a significant domestic Engineering, Procurement & Construction (EPC) project. Valued at Rs 1,341 crore (including GST), the contract involves the "Construction of Twin Tube Unidirectional Tunnel (2-Lanes in each Traffic Direction) in the Kozhikode and Wayanad Districts of Kerala State, including a Four Lane approach Road for Direct Connectivity Between Anakkampoyil – Kalladi – Meppadi." This 8.275 km project, designated as Package-II, is to be executed within a timeframe of 48 months.
Dilip Buildcon Limited is presently in the business of development of infrastructure facilities on an EPC basis and undertakes contracts from various Governments and other parties and special purpose vehicles promoted by the Company. The company has a market cap of over Rs 7,000 crore.
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On Friday, shares of Dilip Buildcon Ltd plunged 0.10 per cent to Rs 487.55 per share with the day’s high of Rs 505.75 and low of Rs 484.40. The stock’s 52-week high is Rs 588.40 per share and its 52-week low is Rs 363.45 per share.
As of March 31, 2025, the company's order book stood at Rs 15,000 crore, with orders from various business divisions, including roads & highways, metro, irrigation and water supply. The stock is up by 34.15 per cent from its 52-week low of Rs 363.45 per share.
Disclaimer: The article is for informational purposes only and not investment advice.