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Dilip Buildcon Limited declares L1 bidder for two new HAM projects for Bangalore Chennai Expressway

Dilip Buildcon declared L1 bidder for projects worth Rs 2,439 cr; stk up 4%

Shares of Dilip Buildcon shot up 4 per cent to Rs 657 on the BSE on Wednesday after the company announced that it has been declared as L-1, or lowest bidder, for two new Hybrid Annuity Mode (HAM) projects Bangalore Chennai Expressway under Bharatmala Pariyojna in the state of Karnataka, Phase -I (Package- I & II) worth Rs 2,439 crore. The stock hit a fresh 52-week high today, rallying 54 per cent in the past one month, as compared to 2.4 per cent rise in the S&P BSE Sensex. In the past three months, the stock has zoomed 80 per cent, against 12 per cent gain in the benchmark index.

Dilip Buildcon bags Rs 1,278 cr order for four-laning of Karnataka highway

ECAs and the once elusive SME: Hunting the Snark?

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