Dilip Buildcon Limited has informed the Exchange about Bagging/Receiving of orders/contracts
DBL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Dilip Buildcon has been declared the L-1 (lowest) bidder for a road construction project in Odisha's Sundargarh district. The project involves building a 6-lane diversion road with service road from 4/700 km to 11/500 km on the Duduka-Gopalpur-Toparia Road on an EPC basis. The order is valued at Rs. 160.20 Crores (excluding GST) and is awarded by the Odisha Bridge & Construction Corporation Limited (OBCCL), a state government entity. The company has 18 months to complete the project. There is no promoter interest in the awarding entity and it is not a related party transaction.
This is a moderate order win that adds to Dilip Buildcon's order book but is unlikely to be material enough to move the stock significantly. It reinforces the company's presence in road infrastructure and provides revenue visibility over the next 18 months, though the size is relatively small compared to the company's overall revenue base.