Dilip Buildcon Ltd.DBL₹483.40 +5.37%

Shares of Dilip Buildcon Ltd. surged, reaching an intraday high of ₹490.00, post the company’s announcement of winning a major order.

Dilip Buildcon Ltd. (DBL), through its joint venture with RBL (DBL-RBL JV), has been declared the L-1 bidder for a major civil construction package of the Gurugram Metro Project in Haryana, valued at ₹1,503.63 crore including GST. The award was confirmed by Gurugram Metro Rail Limited (GMRL), the implementing agency for the project.

The scope of work includes the construction of a 15.22 km viaduct and 14 elevated stations, along the corridor from Millennium City Centre to Sector 9, with additional extensions:

  • A 1.85 km spur connecting to Dwarka Expressway
  • A ramp leading to the depot at Sector 33
  • An underpass at Bhaktawar Chowk

In total, the project comprises 27 stations over a 26.65 km corridor, excluding pre-engineered building (PEB) and architectural finishing works.

The contract is to be executed on an item rate basis with a scheduled completion timeline of 30 months. DBL’s selection as the lowest bidder (L-1) further strengthens its presence in urban transport infrastructure, particularly metro rail systems.

This win comes as a boost to Dilip Buildcon’s order book, affirming its credentials in executing large-scale infrastructure projects. The company recently completed similar metro and urban transit projects across other states, positioning itself as a key player in India’s transit-led urban development push.

Let’s take a look at Dilip Buildcon’s Factor Analysis scores:

Note: The stock price mentioned is as of 3:30 pm.

Disclaimer

Investments in securities market are subject to market risks, read all the related documents carefully before investing. This is for informational purposes and should not be considered as recommendations.

Kindly refer to  https://share.market/ for more details.

PhonePe Wealth Broking Private Limited is a member of NSE & BSE with SEBI Regn. No.: INZ000302639, Depository Participant of CDSL Depository with SEBI Regn. No.: IN-DP-696-2022, Research Analyst with SEBI Regn No: INH000013387, BSE RA Enlistment Number: 5887, and Mutual Fund distributor with AMFI Registration No: ARN- 187821. Member ID: BSE- 6756, NSE- 90226. 

Registration granted by SEBI, enlistment as Research Analyst, and Certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors

Registered office – 2, Floor 3, Wing A, Block A, Salarpuria Softzone, Service Road, Green Glen Layout, Bellandur, Bengaluru South, Bengaluru, Karnataka – 560103, INDIA.

CIN: U65990KA2021PTC146954.