Dilip Buildcon gets completion certificate for Maharashtra project; Stock hits 52-week low

17 Jan 2022 , 04:04 PM

Dilip Buildcon Ltd has informed to the exchanges regarding issue of completion certificate for the project “Saoner-Dhapewada” in the state of Maharashtra on (EPC) mode.

The project “4 Laning of Saoner-Dhapewada-Kalmeshwar-Gondkhairi, NH.547E, Packate -II, from km.,4.700 to km. 33.575 in the state of Maharashu’a on (EPC) Mode.”has been completed.

The Completion Certificate has been issued by the authority on January 15, 2022 and has declared the project fit for entry into commercial operation as on January 15, 2022, said Company on Monday.

The estimated cost of the project is Rs480.06cr and appointed date was August 24, 2019.

On Monday at around 3:05 PM, Dilip Buildcon was trading at Rs377.10 per piece down by Rs12.65 or 3.25%, after hitting 52-week low at Rs368 per piece on Sensex.