Dilip Buildcon Restricted (DBL) has emerged because the lowest bidder (L-1) for a significant infrastructure undertaking in Kerala. The corporate introduced on September 5, 2024, that it had been declared L-1 for developing a twin-tube unidirectional tunnel within the Kozhikode and Wayanad districts. The undertaking, valued at ₹1,341 crore together with GST, was floated by Konkan Railway Company Ltd. on an Engineering, Procurement & Development (EPC) foundation.
The shares of Dilip Buildcon Restricted (DBL) have been buying and selling at ₹559.20 up by ₹7.60 or 1.38 per cent on the NSE right this moment at 2.10 pm.
The scope of labor consists of constructing a two-lane tunnel in every site visitors route and a four-lane method street connecting Anakkampoyil, Kalladi, and Meppadi. The overall undertaking size is 8.275 km, and the completion interval is 48 months. This improvement is a part of efforts to boost connectivity within the area.
Following the announcement, DBL has closed its buying and selling window for insiders and designated individuals for 48 hours in compliance with insider buying and selling laws.
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