Dilip Buildcon Shares Rally 4% on Bagging Rs 702 Crore Order 

Shares of Dilip Buildcon Ltd rallied 4% on 18 February after the company reported that it had been named the lowest bidder for a project in Gujarat.

According to a press statement, the company was declared the lowest bidder in a tender issued by the Narmada Water Resources, Water Supply, and Kalpasar Department, Government of Gujarat.

The project entails building a flood protection embankment on the Narmada River in Bharuch district using Engineering, Procurement, and Construction (EPC). The project is estimated to cost Rs 702 crore and take 24 months to complete.

Last Wednesday, the Petroleum and Natural Gas Regulatory Board (PNGRB) granted the corporation permission to lay, develop, operate, or expand a petroleum or petroleum product (Air Turbine Fuel/ATF) pipeline from Navgam, Gujarat, to Sardar Vallabhbhai Patel International Airport in Gujarat. The EPC work will cost around Rs 124 crore and take 24 months to complete.

The stock reached a 52-week high of Rs 587.90 on 24 September 2025, and a low of Rs 381.05 on 7 April 2025.

At 2:15 pm, the shares of Dilip Buildcon were trading 3.92% higher at Rs 452 on NSE.

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