Dilip Buildcon has been declared as the Lowest-1 (L-1) bidder for the project of 4 laning, rehabilitation and up-gradation of NH-4 from Nalagampalli to AP/Karnataka Border from Km 171.590 (Design km 172.00) to Km 216.912 (Design km 219.687) under NHDP-IV in the state of Andhra Pradesh on EPC mode.

The contract amount for this four lane NHAI project on EPC mode in the state of Andhra Pradesh project, to be executed on EPC basis, is Rs 5.03 billion with 24 months of completion period.

Shares of the company gained Rs 6.75, or 1.99%, to trade at Rs 346.00. The total volume of shares traded was 4,584 at the BSE (10.18 a.m., Wednesday).