Dilip Buildcon receives LoA for Greenfield Airport construction

Dilip Buildcon Limited (DBL) has received a Letter of Acceptance (LoA) from Airports Authority of India (AAI) for an Engineering, Procurement and Construction (EPC) project in Gujarat.

The company informed in an exchange filing made on February 14, 2020 (Friday) after the market hours that they have received a project for the construction of a new Greenfield Airport at Hirasar, near Rajkot (Gujarat) on EPC basis.

The company, which is engaged in the business of infrastructure facilities, added that the order is worth Rs 570.06 crore without GST and its completion period is 30 months.

Recently, the company had bagged a project worth Rs 861 crore from National Highways Authority of India (NHAI). Click here to know more:

https://www.dsij.in/DSIJArticleDetail/ArtMID/10163/ArticleID/11397/Dilip-Buildcon-bags-NHAI-project-worth-Rs-861-crore

At the time of market closing on Friday, the stock of Dilip Buildcon was trading at Rs 375.10, down by 1.28 per cent against its previous close of Rs 379.95. Its 52-week high is Rs 733.85 and its 52-week low is Rs 317.00 on BSE.