Dilip Buildcon shares rally 6% on Rs 1,115 crore Kerala industrial project win

Shares of Dilip Buildcon Ltd (DBL) surged 5.9% to an intraday high of Rs 587.90 on the BSE on Wednesday, September 24, after the company announced it has been declared the lowest (L-1) bidder for an industrial corridor project in Kerala worth Rs 1,115.37 crore.

The contract, awarded by the Kerala Industrial Corridor Development Corporation, covers design, construction, testing, commissioning, and operation and maintenance of infrastructure works at Pudussery Central and Kannambra in Palakkad.

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