Dilip Buildcon secures ₹1,850 Cr LoI for power project
Dilip Buildcon Limited secured a ₹1,850 cr Letter of Intent from REC Power for a power transmission project in Karnataka. The shares are trading at ₹454, a 22% discount from the 52-week high of ₹585.
pre-market1 source ↓written by the desknot a recommendation
- power transmission project
- ₹1,850 cr
- from their 52-week
- 22% discount
Dilip Buildcon Limited has received a Letter of Intent from REC Power Development for a ₹1,850 cr power transmission project in Karnataka. This project will enhance key transmission infrastructure under a long-term concession structure.
The company's shares are currently trading at ₹454, reflecting a 22% discount from their 52-week high of ₹585, with a P/E ratio of 11.3 compared to the industry average of 15.1.
Not investment advice. For informational purposes only.