Shares of Dilip Buildcon Ltd rose sharply on Wednesday to scale their one-year high level. The stock surged 20 per cent to hit a 52-week high of Rs 460.50. At this price, the multibagger scrip has rallied 188.35 per cent from its one-year low price of Rs 159.70, a level seen on May 19 last year.
Dilip Buildcon (DBL) has received a letter of acceptance (LoA) for the tender floated by the Public Works Department (PWD), Goa to build observatory towers on new Zuari Bridge, Goa. The project is estimated to cost around Rs 270.07 crore.