Dilip Buildcon wins Rs 688.23 crore contract from National Highways Authority of India

Dilip Buildcon Ltd. is currently down 2.54% to Rs 376.1, adding to recent declines that have seen the stock fall 1.17% over the last week.

Dilip Buildcon Limited has received a Letter of Award (LOA) from the National Highways Authority of India for a project involving the construction of a 4-lane elevated corridor in Solapur City, Maharashtra, with a project cost of Rs 688.23 Crores (excluding GST). The Hybrid Annuity Mode project, spanning 9.66 kilometers from Km 0.050 to Km 9.710, has a completion and operation period of 24 months, followed by a 15-year operation period from the commencement of operations date (COD). Trading window for company insiders is currently closed until 48 hours after the declaration of financial results for the quarter ended September 30, 2026.

Dilip Buildcon Ltd. shares saw a trading volume of 2.84 lakh today, a surge of 231.29% compared to the average volume of the last one week. Dilip Buildcon Ltd. registered a decline of 22.08% year-over-year, underperforming the 12.48% loss in the NIFTY50 index.