Shares of Dilip Buildcon look set to snap their six-day losing streak in Thursday’s session after the company informed bourses that its joint venture has declared as the lowest (L-1) bidder for a new EPC Project in Gujarat.
The scrip traded 4.23 per cent up at Rs 283.05 at around 11.50 am (IST), while the benchmark BSE Sensex was up 0.95 per cent at 35,750.
“Dilip Buildcon-HCC has been declared as L-1 bidder for the tender floated by the Narmada, Water Resources, Water Supply and Kalpsar Department (Water Resources) on EPC basis in the state of Gujarat,” the company said in a regulatory filing.
