The proposed road is being constructed at an estimated cost of Rs 15857 crore and is planned to be completed in 30 months from the actual start of work, which is likely by this year's end.
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Dilip Buildcon share rises over 5% as firm wins NHAI road project in Rajasthan
Reversing from 2 days of consecutive fall, Dilip Buildcon stock opened with a gain of 2.26% today at Rs 368 and gained 5.77% to hit the day s high of Rs 380.6 against the last close of Rs 359.85
BusinessToday.In | December 23, 2020 | Updated 16:02 IST
The stock has hit a 52 week high of Rs 441.50 and 52 week low of Rs 193.40
Dilip Buildcon shares were trading almost over 5% higher on Wednesday morning. This was following Dilip Buildcon s announcement that the company and its JV partner Altis-Holding Corporation have received a letter of acceptance on 22 December 2020 from the National Highways Authority of India road project in the state of Rajasthan.
Dilip Buildcon announced that the company and its JV partner Altis-Holding Corporation has received letter of acceptance on 22 December 2020 from National Highways Authority of India for a new EPC project viz construction of eight lane access controlled expressway starting new junction with NH-12 near village Ummedpura to major bridge over Takli river near Nayagoan Jaqeer village (Ch. 419.000-427.300) section of Delhi - Vadodara Green Field Alignment (NH-148N) in the state of Rajasthan on EPC Mode.
The project bid cost is Rs 1000.08 crore.
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