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Hot Pursuit
19-Aug-20
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Dilip Buildcon jumps after JV receives LOA for construction project
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Dilip Buildcon rose 3.29% to Rs 392.70 after the company's joint venture with the engineering firm HCC (HCC-DBL) received letter of acceptance (LOA) on 18 August 2020 from Rail Vikas Nigam for a construction project in Uttarakhand.
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The construction project, the tender for which was floated by Rail Vikas Nigam, involves construction of bridges, tunnels, yard and formation work in connection with the new 125-km long new broad gauge rail line between Rishikesh and Karanprayag in Uttarakhand. The project, having a length of 7.955 km with a bid cost of Rs 1334.95 crore, is to be completed within a 50-month period (equivalent to four years and two months).
Shares of Dilip Buildcon have surged 12% in three trading days.
On a consolidated basis, Dilip Buildcon's net profit tanked 49.7% to Rs 50.48 crore on 13.8% decrease in net sales to Rs 2,099.95 crore in Q1 June 2020 over Q1 June 2019.
Dilip Buildcon is engaged in the business of infrastructure facilities on engineering procurement and construction (EPC) basis.
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Previous News |
Dilip Buildcon schedules board meeting
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03-May-24
09:32
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Dilip Buildcon to conduct AGM
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Corporate News
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30-Jul-25
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Dilip Buildcon secures Rs 307-cr order from ISC Projects
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Hot Pursuit
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30-Oct-25
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Dilip Buildcon JV wins bid for Rs 1503 cr Gurugram Metro Rail project
(
Corporate News
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02-Aug-25
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Dilip Buildcon AGM scheduled
(
Corporate News
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09-Aug-23
10:14
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Dilip Buildcon spurts as JV bags LoA for Rs 1,275-cr deal
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Hot Pursuit
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05-Sep-23
13:13
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Dilip Buildcon receives affirmation in credit ratings
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Corporate News
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20-Apr-24
17:08
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Dilip Buildcon emerges as L-1 bidder for Rs 1,092 cr project
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Hot Pursuit
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09-Apr-24
15:23
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Dilip Buildcon rises on emerging as L-1 bidder for Rs 1,341-cr project
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Hot Pursuit
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05-Sep-24
14:31
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Dilip Buildcon successfully bids for Rs 1,341 cr Konkan Railway Corporation project
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Corporate News
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05-Sep-24
12:22
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Dilip Buildcon consolidated net profit rises 7.35% in the December 2024 quarter
(
Results
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Announcements
15-Feb-25
07:40
)
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