Announced Tue, 7 Jul · 14:47 IST
Dilip Buildcon bags Rs 160.20 Cr road construction order in Odisha
DBL · price
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Price reaction · full curve 14 horizons · vs prior close
-2.2%1-day move
₹430.50
prior close
₹428.50
base price
In-mkt
timing
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AI summary
Dilip Buildcon has received a Letter of Award from Odisha Bridge and Construction Corporation Limited for constructing a 6-lane diversion road in Sundargarh district on EPC basis. Order value is Rs. 160.20 Crores excluding GST, with 18 months completion period. The project covers 4/700 km to 11/500 km of Duduka-Gopalpur-Toparia Road in Odisha. Domestic order, no promoter interest.
Likely market impact
Domestic government order adds to order book and supports near-term revenue visibility. Single-project impact on stock likely modest.