Dilip Buildcon surges 3% after emerging L-1 bidder for Rs1,589 crore NHAI project

30 Mar 2022 , 03:14 PM

Dilip Buildcon Ltd has declared as L-1 bidder for the tender floated by the National Highways Authority of lndia on Hybrid Annuity basis in the state of Kamataka.

The project is for “Development of 6 lane Access Controlled Greenfield Highway from km.97.000 to km 162.500 Maradgi S Andola to Baswantpur section of NH- 150C (Package-lll of Akkalkot-KNT/TS Border) on Hybrid Annuity Mode under Bharatmala Pariyojna.

As per the filing, the bid project is Rs1,589 crore and expected completion period is 30 months, said company on Wendesday.

At around 3:22 PM, Dilip Buildcon was trading at Rs248.65 apiece up by Rs7.50 or 3.11% on the BSE.