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Friday, September 16, 2016

Dilip Buildcon’s Subsidiary gets Site for Road Project from NHAI


Dilip BuildconDilip Buildcon has been one of the top performers in today’s trading session. The share price surged more than 5 per cent intraday and remained positive till the end of the market hours.
Dilip Buildcon share price touched an intraday high of Rs 254.40 and an intraday low of Rs 236.80. So far, a total of 8,28,244 shares of the Company have exchanged hands on the counter of NSE aggregating to a total value of Rs 2,043.53 lacs.
Earlier on 13th September 2016, Tuesday, National Highways Authority of India (The Authority) declared the appointed date that is 7th September, 2016 and handed over the site for Four Laning of Guna-Biaora Section of NH-3 from Km 332.100 to 426.100 in Madhya Pradesh under NHDP Phase-lV on BOT (Toll) on DBFOT pattern, to a Company named Jalpa Devi Tollways Limited which is wholly owned subsidiary of Dilip Buildcon Limited.

Fundamental of Sintex
  • 52 week high and Lifetime High – Rs 259.00 on 12th August 2016.
  • 52 week low and Lifetime Low– Rs 215.55 on 12th February 2016.
  • Average daily movement (ADM) - 9.94.
  • Average volume (20days) – 4,47,246.
  • 1 month return (%) – Negative 3.74per cent.
  • PE ratio - 0.
  • Promoter holding pledged - 0.
Dilip Buildcon share price is currently trading at Rs 246.55 apiece on the National Stock Exchange, still up by 4.89 per cent at 15:14 hours. The share price opened at Rs 238.00 from a previous closing of Rs 235.05. A Spurt in volume by more than 4 times, has been noticed too.
Dynamic Levels research team has identified Dilip Buildcon as a potentially good stock and recommends it as one of the Top 500 shares. Get the most important support and resistance of the share for better trading decisions, at Dilip Buildcon share price forecast.

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