Deepak Builders & Engineers India Limited has informed the Exchange about General Updates

Order Above 5pct RevenueBusiness Updates View source PDF

DBEIL · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close

+1.4%1-day move

₹58.94

prior close

₹61.70

base price

After-mkt

timing

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-3.7-3.2-2.9-3.6+1.4+1.8+5.1+5.1+11.9+18.8+31.9+44.9+40.0—

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AI summary

Deepak Builders & Engineers India Limited has emerged as the L1 (lowest) bidder for a construction project from Indian Oil Corporation (IOCL) valued at Rs. 474.25 crores. The project involves building 12 high-rise residential towers (G+13 floors) using monolithic construction technology, along with parking, sewerage treatment plant, utilities, and roadworks near IOCL's Panipat Refinery township in Haryana. Upon formal award, the company's total order book will rise to approximately Rs. 2,000 crores, a meaningful jump from its current project pipeline. The bid was placed on IOCL's eProcurement portal, and the company is awaiting final award.

Likely market impact

Positive for the stock — this large PSU-backed order significantly strengthens the company's order book (roughly 30% increase) and provides strong revenue visibility. The win from a marquee client like IOCL also enhances credibility for future bids.