Announced Mon, 6 Jul · 17:25 IST
Provisional completion certificate for Bengaluru-Vijayawada Highway Package-7
Business Updates View source PDF
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Price reaction · full curve 14 horizons · vs prior close
-2.2%1-day move
₹430.50
prior close
₹432.00
base price
After-mkt
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AI summary
Dilip Buildcon received a Provisional Completion Certificate for the six-lane Bengaluru-Vijayawada Economic Corridor Highway Package-7 in Andhra Pradesh, built on Hybrid Annuity Mode under Bharatmala Pariyojana Phase-I. Project cost is Rs 780.12 crores. The authority declared it fit for commercial operation from June 2, 2026, against the scheduled completion of 730 days from the appointed date of March 7, 2024.
Likely market impact
Confirms on-schedule delivery of a Rs 780 crore HAM highway project, supporting execution credibility and enabling revenue recognition from this project.