/ Dilip Buildcon rises on incorporating three new SPVs ~ Ways2Capital|Stock Tips|Stock Market Tips|Intraday Stock Tips|Stock Trading Tips|NSE BSE Tips

Monday, 23 April 2018

Dilip Buildcon is currently trading at Rs. 1141.70, up by 14.55 points or 1.29% from its previous closing of Rs. 1127.15 on the BSE.The scrip opened at Rs. 1141.00 and has touched a high and low of Rs. 1160.20 and Rs. 1135.90 respectively. So far 8,103 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1217.00 on 11-Apr-2018 and a 52 week low of Rs. 404.45 on 21-Apr-2017.

Last one week high and low of the scrip stood at Rs. 1168.00 and Rs. 1120.10 respectively. The current market cap of the company is Rs. 15,619.00 crore.

The promoters holding in the company stood at 75.63%, while Institutions and Non-Institutions held 16.63% and 7.74% respectively.

Dilip Buildcon has incorporated 3 new Special Purpose Vehicles (SPVs) companies for three Hybrid annuity projects awarded by the National Highways Authority of India (NHAI) valued at Rs 2,948.1 crore. The three new SPVs incorporated are - DBL Rewa Sidhi Highways, DBL Byrapura Challakere Highways and DBL Sangli Borgaon Highways.

Dilip Buildcon’s core business is undertaking construction projects across India in the roads and irrigation sectors. They specialize in constructing state and national highways, city roads, culverts and bridges.

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