Dilip Buildcon (DBL) is one of the leading private sector road-focused EPC contractors in India, has declared L-1 bidder by the National Highways Authority of India for a new Hybrid Annuity Project valued at Rs 10.04 billion in the State of Madhya Pradesh.

The project involves construction of road tunnel, via duct and Churhat Bypass of Rewa Sidhi section of NH 75E as cement concrete pavement configuration on design, build, operate and transfer basis.

Shares of the company gained Rs 18.75, or 1.96%, to trade at  Rs 963.10.  The total volume of shares traded  was  0 at the BSE (9.03 a.m., Friday).