Dilip Buildcon rose 1.79% to Rs. 221.20 after the company announced that it has received the letter of acceptance (LoA) from the Gujarat Metro Rail Corporation (GMRC) for a construction project worth Rs. 702.02 crore.
The scope of the project entails construction of 8.702 kms elevated viaduct and 7 nos. stations (excl. E&M, architectural finishing and roofing) from Majura Gate to Saroli Dead End under corridor-2 in connection with Surat Metlo Rail Project Phase - I (Pkg-CS-6).
The cost of project is Rs. 702.02 crore. The period of completion of the project is 26 months.
Dilip Buildcon is a full-service infrastructure company with construction capabilities in roads & bridges, mining, water sanitation, sewage and dams with a presence in over 19 states.
BS
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