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Last Updated : Aug 04, 2020 09:57 AM IST | Source: Moneycontrol.com

Dilip Buildcon gains over 2% as NHAI declares firm as lowest bidder for a project

The bid project cost is Rs 1140.50 crore and to be completed in 24 months.

 
 
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Dilip Buildcon share price jumped over 2 percent on August 4 after the company was declared lowest bidder for a project by NHAI.

The company has been declared as lowest bidder (L-1) for the tender floated by the National Highways Authority of India (NHAI).

The project is four laning of NH363 from Repallewada to Telangana/Maharashtra Border in the state of Telangana under NH (O) on Hybrid Annuity mode (HAM).

The bid project cost is Rs 1140.50 crore and to be completed in 24 months. The operation period is 15 years from COD.

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At 09:30 hrs Dilip Buildcon was quoting at Rs 291.70, up Rs 4.65, or 1.62 percent on the BSE.
First Published on Aug 4, 2020 09:57 am
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