Announced Tue, 7 Jul · 14:48 IST
Dilip Buildcon wins Rs 160.20 Cr road construction LoA in Odisha
DBL · price
▲ 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
-2.2%1-day move
₹430.50
prior close
₹429.65
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.4-0.1-0.0-0.0-2.2-1.4-1.5-2.8-4.2-5.5————
Up moveDown movePending
AI summary
Dilip Buildcon has received a Letter of Award from Odisha Bridge and Construction Corporation Limited, a state government entity, for constructing a 6-lane diversion road with service road from km 4/700 to km 11/500 of Duduka-Gopalpur-Toparia Road in Sundargarh district, Odisha. The order is worth Rs 160.20 Crores excluding GST, to be executed on EPC mode within 18 months.
Likely market impact
Positive for order book. Small order relative to overall revenue; part of routine EPC wins.