Dilip Buildcon gains over 2% as NHAI declares firm as lowest bidder for a project.

Dilip Buildcon share price jumped over 2 percent on August 4 after the company was declared lowest bidder for a project by NHAI.

The company has been declared as lowest bidder (L-1) for the tender floated by the National Highways Authority of India (NHAI).

The project is four laning of NH363 from Repallewada to Telangana/Maharashtra Border in the state of

The bid project cost is Rs. 1140.50 crore and to be completed in 24 months. The operation period is 15 years from COD.