Dilip Buildcon gains on completing Eeppurupalem project

Dilip Buildcon Limited has received Provisional Completion Certificate for the project ‘ Rehabilitation and Upgradation of Eeppurupalem- ongole section from 195 km to 254.50 km/design ch. 184.910 km to 242.784 km of NH- 214A (New 216) to two lane with paved shoulder in the Andhra Pradesh State under NHDP-lV on EPC basis.

Dilip Buildcon took 730 days to complete the project as appointed date was 20th June 2017 and scheduled completion date was 20th June 2019.  Rs. 350.01 crore. The project that cost around Rs. 350.01 crore has been declared fit for entry into commercial operations from 20th July 2019.

Dilip Buildcon is a Class A-V Firm (unlimited value Contractors), registered with Public Works Department Bhopal and also with the Water Resource Department Madhya Pradesh. The firm is engaged in the execution of contracts for construction of roads all over the state of Madhya Pradesh.

On Wednesday, the stock of Dilip Buildcon had opened at Rs. 381.50 per share and made an intraday high and low of Rs. 387.10 and Rs. 381.50, respectively on the BSE. At 12.30 pm, the stock was trading at Rs. 382.80, up by 1.55 per cent.