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Dilip Buildcon Ltd. ( (IN:DBL) ) just unveiled an update.
Dilip Buildcon, through its joint venture with RBL, has emerged as the lowest bidder for a Rs 268 crore engineering, procurement and construction contract to design and build the Ged Barrage and associated protection works on the Sabarmati river in Gujarat. The project, awarded by the state’s Narmada Water Resources Water Supply & Kalpasar Department, includes 10 years of operation and maintenance and a 24‑month execution window, underscoring the company’s continued success in securing domestic infrastructure orders and reinforcing its position in the water resources segment.
More about Dilip Buildcon Ltd.
Dilip Buildcon Ltd. is an Indian infrastructure and construction company active in engineering, procurement and construction projects, with a strong presence in roads, bridges and water-related works. The company frequently participates in government tenders, focusing on large-scale public sector contracts that support transport and water resource development across India.
Average Trading Volume: 11,624
Technical Sentiment Signal: Sell
Current Market Cap: 69.16B INR
For a thorough assessment of DBL stock, go to TipRanks’ Stock Analysis page.