Dilip Buildcon: Rs 702 Cr Narmada flood protection EPC order, Gujarat govt
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 4.1 pts more than Nifty Microcap 250 and 4.6 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.
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Dilip Buildcon has been declared L-1 bidder for a Rs 702 crore (excluding GST) EPC project to construct flood protection embankments on river Narmada in Bharuch district, Gujarat. The order is from the Narmada Water Resources Water Supply and Kalpasar Department, Government of Gujarat, with a 24-month completion timeline. This is a corrigendum to the same-day announcement providing updated project cost details.
Positive. Adds Rs 702 Cr to order book, supports revenue visibility, though execution and margin risks remain on government EPC work.