Dilip Buildcon stock had gained as much as 10%, the most since Oct. 4, after it won a construction order from the National Highways Authority of India(NHAI).
The project is development of six-lane access controlled greenfield highway from Audireddipalle to Mallapalle of ‘Bengaluru – Vijayawada economic corridor on HAM mode under Bharatmala Pariyojana Phase-I (Package -7) in the state of Andhra Pradesh.
The project is worth Rs 780.12 crore and to be constructed in 24 months and operated for 15 years, from commencement of operations date.
