Dilip Buildcon has been declared as the Lowest-1 (L-1) bidder for two projects of Ministry of Road Transport & Highways (MORTH) in the state of Maharashtra. The first project is for rehabilitation and up-gradation of two lane with paved shoulders on EPC Mode from Kalamb to Wadki (Kalamb - Ralegaon-Wadki), total Length of the project is 50.275 Km, worth Rs 2.92 billion.
The second project is for rehabilitation and up-gradation of two lane with paved shoulder on EPC mode, from Mantha Taluka Border to Barshi, total length of the project is 57.518 Km worth Rs 2.88 billion.
Shares of the company gained Rs 7.05, or 2.06%, to trade at Rs 350.65. The total volume of shares traded was 4,926 at the BSE (10.09 a.m., Tuesday).