The construction company said its joint venture Shaanxi Road & Bridge Group Company has been declared L-1 bidder by the Ministry of Road Transport & Highways, for a new EPC project in Karnataka
Dilip Buildcon shares gained 2 percent intraday on July 17 after bagging EPC project for construction of extra-dosed Bridge in Karnataka.
The construction company said its joint venture Shaanxi Road & Bridge Group Company has been declared top bidder by the Ministry of Road Transport & Highways, for a new EPC project in Karnataka.
The order is for construction of extra-dosed Bridge across Sharavathi Backwaters and approaches between Ambargodu and Kalasavalli of NH-369E.
In addition, Dilip Buildcon said the project - four laning of Mahulia-Baharagora-JH/WB boarder section of NH-33 & NH-06 in Jharkhand under NHDP Phase -III on EPC mode has been provisionally completed.
The Provisional Completion Certificate has been issued by the authority on July 16 and has declared the project fit for entry into operation as on July 5, it added.The stock was quoting at Rs 421.20, up Rs 3.95, or 0.95 percent on the BSE at 1120 hours IST.Get access to India's fastest growing financial subscriptions service Moneycontrol Pro for as little as Rs 599 for first year. Use the code "GETPRO". Moneycontrol Pro offers you all the information you need for wealth creation including actionable investment ideas, independent research and insights & analysis For more information, check out the Moneycontrol website or mobile app.