Dilip Buildcon gets LOI for INR 1800 crore LPG pipeline project from PNGRB

Order above 5% of revenueGovernment or defence orderBusiness Updates View source PDF Explain this filing

DBL · price

Loading chart…

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

Price reactionminutes from the announcement price · days from the prior close

+3.4%Reaction day

₹394.00

prior close

₹429.00

announcement price

After-mkt

timing

Nifty Microcap 250market-0.2%+3.6% vs market

Civil Construction peers, median of 99sector-0.2%+3.6% vs sector

On the reaction day the stock moved 3.6 pts more than Nifty Microcap 250 and 3.6 pts more than its Civil Construction peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.2

10m

-1.7

15m

-1.8

30m

-2.7

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+3.4-0.2+3.6-0.2+3.6

Next day

+2.3-0.1+2.4-1.2+3.5

+0.9-3.4+4.2-3.2+4.1

+3.0-3.5+6.5-3.3+6.4

+3.8-2.7+6.5-3.9+7.7

+7.7-1.1+8.8-2.7+10.4

+7.1-0.8+7.9-2.2+9.3

15d

+0.3-2.9+3.1-6.2+6.5

-0.5-3.5+2.9-6.4+5.9

—————

UpDownMarket · Nifty Microcap 250Sector · Civil Construction peers, median of 99Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Dilip Buildcon received a Letter of Intent from PNGRB for laying, building and operating an LPG pipeline from Paradip, Odisha to Raipur, Chhattisgarh. The company will hold 100 percent in a Special Purpose Vehicle. The EPC portion of the work is valued at about INR 1800 crore (excluding GST) and will be executed over 36 months, followed by a 25 year operating period. Revenue will come from pipeline transportation tariffs charged to oil marketing companies.

Likely market impact

Adds long-tenure regulated revenue stream plus INR 1800 crore EPC order; diversifies beyond road infrastructure.