Dilip Buildcon announced that its wholly owned subsidiary, DBL Bellary Byrapura Highways has executed the concession agreement with the National Highways Authority of India (Ministry of Road Transport and Highways) on 16 July 2018 to under take the below mentioned project:
Four laning of Bellary to Byrapura section of NH 150A on hybrid annuity mode under Bharatmala Pariyojana in the state of Karnataka.
The stock had underperformed the market over the past one month till Jul. 13, 2018, falling 6.30% compared with the Sensex's 2.25% rise. It underperformed the market in past one quarter, declining 31.29% as against 6.87% rise in the Sensex.
