Dilip Buildcon becomes L-l bidder for HAM project worth Rs1,141 crore in Chhattisgarh; Stock trades flat

23 Feb 2022 , 12:18 PM

Dilip Buildcon has been declared as L-l bidder for the tenders floated by the National Highways Authority of India on a Hybrid Annuity basis in the state of Chhattisgarh.

The project comprised of development of Sir Lane Sargi – Basanwahi Section of NH-130-CD Road from km 42+800 to km 99+500 under Raipur-Visakhapatnam Economics Corridor in the state of Chhattisgarh on Hybrid Annuity Mode (Package – CG-2 ) (Length 56.700 km).

The bid project cost is Rs1,141 crore.

The completion period for the project is 24 months. The operation period is 15 years from COD.

At around 12.15 pm, Dilip Buildcon was trading at Rs269.65 per piece flat compared to the previous closing on BSE.

The stock has touched an intraday high and low of Rs284.85 per piece and Rs268.40 per piece.