Dilip Buildcon Share Price surges on Fresh Orders

Dilip Buildcon share price rocketed almost 10 per cent intraday after the company stated that it has bagged a road project in Andhra Pradesh worth Rs 260 cr. Ministry of Road has declared Dilip Buildcon, Bhopal as the successful bidder (L-1) for the project - rehabilitation and upgradation of Machilipatnam to Avanigadda section to two lane with paved shoulder in Andhra Pradesh under NHDP-IV via EPC - engineering, procurement and construction basis at a project cost of Rs 260 cr, the company said in a BSE filing. The completion period of the project is 2 years, it added.

Dilip Buildcon Limited, a private sector road-focused EPC - engineering procurement construction contractor, is developing infrastructure across the globe in areas like roads and bridges, water sanitation and sewage, irrigation, industrial, commercial and residential buildings.

Dilip Buildcon arm Bags Order worth Rs 917 Crore:

Dilip Buildcon Limited has informed the BSE regarding update in relation to the project for Rehabilitation and up-gradation of NH-66 (Erstwhile NH-17) from Km 406/030 to Km 450/170 (Kalmath to Zarap section) to four-lane with paved shoulder in the state of Maharashtra under NHDP-IV on Hybrid Annuity Mode.

The promoters holding in the company stood at 75.63 per cent while Institutions and Non-Institutions held 15.67 per cent and 8.7 per cent respectively. Dilip Buildcon share price is currently trading above its 50 DMA.

Dynamic Levels has recommended Dilip Buildcon as the top 500 shares considering its strong fundamentals and financials. The stock has proved to be good for investment and Dynamic Levels Research analysts and market experts are confident and positive that it has the capability to give good returns in the long run.

To acquire information on the financials and fundamentals of the stock, please visit Dilip Buildcon share price history. Therefore, you shall also come across the resistance and support levels of the stock which is going to aid you in taking investing decisions which shall benefit your pocket.

Dilip Buildcon Post rating upgrade of bank facilities

Dilip Buildcon share price rose as high as Rs 227.00 after the company announced that India Rating & Research has upgraded the ratings of its long term as well as short term bank facilities.

The Dynamic Levels recommended top 500 performing stock made the announcement after the market hours yesterday, 28^th December 2016. These top 500 stocks are selected every quarter by the Research analysts, out of the 1700 plus NSE stocks.

The mid-cap company has a market cap of Rs 3044.50crores as of today. Face value per share is Rs 10. The book value is 81.32 and there is 9.02 per cent Promoter holding pledged by the company.

Dilip Buildcon said that the credit rating agency, India Rating & Research (Ind-Ra) has upgraded its long term issuer rating along with the long term rating on its bank facilities to 'IND A from IND A-' while resolving the rating watch positive (RWP). The outlook is stable. The agency has also upgraded the short term rating on Dilip Buildcon’s bank facilities to 'IND A1 from INDA2+.

Dilip Buildcon Limited (DBL) is one of the leading private sector road-focused Engineering Procurement Construction (EPC) contractors in the country. DBL is also the fastest growing infrastructure development company of India with about 78.44 per cent continuous year-on-year growth for the last four years. The Company is developing infrastructure across the country in many diverse areas such as roads & bridges, water sanitation & sewage, irrigation, industrial, commercial & residential buildings.

The company prides itself on its engineering as well as execution capabilities, two areas that are led by its dynamic director Mr. Devendra Jain.

Dilip Buildcon share price closed at Rs 222.85, up by 0.18 per cent or 0.40 points. Get the historical share price performance of Dilip Buildcon at Dilip Buildcon share price history.

Dilip Buildcon Share Price skids During The Morning Trade

On 2^nd Dec, Dilip Buildcon share price tanked by more than 11 per cent.  The stock opened with a fall of 30 points at Rs. 237.95 as compared to its previous closing at Rs.254.05. As of now, the stock is quoting at Rs. 224.05 and touched the days high and low at Rs. 239.50 and Rs. 221.

Previously during this month, Dilip Buildcon has been given the Letter of Award (LoA) for two projects. The first project is for Rehabilitation & Up-gradation of NH-18 (New NH-40) from Km 108/850 to Kml60/200 of (Rayachoti - Kadapa section) to two lane with paved shoulder in the state of Andhra Pradesh under corridor approach through EPC basis of contract from Government of Andhra Pradesh (AP) PWD (R & B) Department.

The second LoA if for Rehabilitation and up-gradation of NH-66 (erstwhile NH-17) from Km 406/030 to Km 450/170 (Kalmath to Zarap section) to four lane with paved shoulder in the state of Maharashtra under NHDP-IV on Hybrid Annuity Mode from Government of India, Ministry of Road Transport & Highways.

Dilip Buildcon Limited is a private sector road-focused engineering procurement construction (EPC) contractor in India. It is a growing infrastructure development firm with around 78.44 per cent y-o-y growth for the past four years. It is developing infrastructure over the country in many different areas such as roads and bridges, water sanitation and sewage, irrigation, industrial, commercial and residential buildings.

Dilip Buildcon is analyzed by Dynamic Levels as the top 500 performing stocks for this quarter among the 1700 stocks which are listed on the NSE. 

In order to know about the support and resistance levels of the scrip and also its fundamentals and financials, please a pay a visit to Dilip Buildcon share price history.

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

Dilip 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 13^th September 2016, Tuesday, National Highways Authority of India (The Authority) declared the appointed date that is 7^th 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.