Today's Top Gainer
Note:Top Gainer - Nifty 50 More
An infrastructure development company, majorly a road and highway development company, Dilip Buildcon (DBL), has received letter of award (LOA) from Northern Coalfields Limited.
This has been received by DBL-DECO (JV) for the project of "Coal Mines" at NIGAHI, for excavation of overburden of first dig (solid) & re-handling by mechanical means at specified places at NIGAHI OCP of NCL.
The project is valued at Rs 1673.58 crore with a weighted average lead of 5.68 km and an estimated quantity of 132460000 BCM.
DBL is into infrastructure development on an engineering procurement and construction (EPC) basis.
The stock of DBL has been trading in consolidation since last 7 trading sessions, and has closed exactly at its 200 days EMA on January 20, 2017. It is likely to remain in focus on January 23's session.