Dilip Buildcon named lowest bidder for ₹702 crore project
pre-market1 source ↓written by the desknot a recommendation
- to ₹450.70
- 3.63%
- be completed
- 24 months
Shares of Dilip Buildcon surged 3.63% to ₹450.70 after being named the lowest bidder for a ₹702 crore flood control project in Gujarat. The project involves constructing a flood protection embankment along the Narmada River in Bharuch district, expected to be completed in 24 months.
This contract aligns with Gujarat’s efforts to enhance flood protection infrastructure, potentially boosting sentiment for the company in the EPC sector.
Not investment advice. For informational purposes only.