Dilip Buildcon has incorporated a new special purpose vehicle for Bellary to Byrapura Section of NH-150A on Hybrid Annuity Project under Bharatmala Pariyojana valued at Rs 13.13 billion by the National Highways Authority of India in the State of Karnataka.
The stock had underperformed the market over the past one month till Jul. 11, 2018, falling 16.47% compared with the Sensex's 2.67% rise. It underperformed the market in past one quarter, declining 38.23% as against 6.85% rise in the Sensex.
Shares of the company declined Rs 5.35, or 0.67%, to trade at Rs 795.00. The total volume of shares traded was 102,766 at the BSE (3.22 p.m., Thursday).