Dilip Buildcon declared L1 bidder for Odisha project
pre-market1 source ↓written by the desknot a recommendation
- after reaching
- 3%
- of ₹444.70
- 16 Mar
- road construction project
- ₹160.20 cr
- to complete
- 18 months
- project in Karnataka
- 400 kV substation
Shares of Dilip Buildcon Ltd fell 3% after reaching a day’s high of ₹444.70 on 16 Mar. The decline occurred despite being declared the lowest (L1) bidder for a ₹160.20 cr road construction project in Odisha, expected to complete within 18 months.
The project involves constructing a diversion road on the Duduka–Gopalpur–Toparia Road and will be executed on an Engineering, Procurement and Construction (EPC) basis.
Additionally, the company received a Letter of Intent for a 400 kV substation project in Karnataka.
Not investment advice. For informational purposes only.