DBL.NSE News

Indian markets saw a volatile start, gaining over a percent as bargain hunters stepped in, pushing the Nifty back above 23,300. Investors are advised caution, awaiting sustained upward movement. Key stocks like RIL, Tata Motors, Sun Pharma, and Ola Electric are in focus due to significant corporate developments, including new supply deals and price adjustments.

Dilip Buildcon Ltd. ( ($IN:DBL) ) has provided an announcement. Dilip Buildcon Ltd. has emerged as the lowest (L-1) bidder for a Rs 160.20 crore EP...

Dilip Buildcon Limited has received a Letter of Intent from REC Power Development and Consultancy Limited for a power transmission project in Karnataka. The project involves establishing a 400 kV substation at Mekhali along with associated transmission lines in Belagavi district, with an estimated EPC value of about Rupees 1,850 crore.

The project involves setting up a 400 kV substation at Mekhali in Belagavi district along with associated transmission lines under a BOOT model.

India’s equity benchmarks shook off a sluggish start to close higher on Wednesday, with financials and metal stocks leading the advance, while IT lagged on persistent uncertainty around AI and kept a lid on broader gains. The Nifty 50 rose 0.37% to 25,819.35 and the BSE Sensex added 0.34% to 83,734.25, their third straight day of gains. Both benchmarks opened flat and edged 0.2% lower in the early session, before staging a recovery in the final two hours of trade. Fifteen of the 16 major sectors rose. State-owned lenders added 1.3% after advancing 2.1% in the previous session. The heaviest-weighted financials rose 0.6%. Metals gained 1.3%, reversing previous session’s losses, after media reports quoted U.S. trade representative Jamieson Greer saying that Washington is open to simplifying steel tariffs amid industry pushback. Steel makers Tata Steel rose 2.9%, JSW Steel gained 0.7% and Steel Authority of India added 1.4%. The broader small-caps and mid-caps added 0.5% each. On the flipside, IT index fell 1.2%, pulling back from a 1% rise in the previous session.

Dilip Buildcon share price jumps over 6% after co emerges L-1 bidder for ₹702 crore Gujarat flood control project

Dilip Buildcon shares: The company emerged as the lowest bidder for a Rs 702-crore flood-control embankment project in Gujarat, to be executed on an EPC basis over 24 months along the Narmada River in Bharuch district.

Indian markets closed higher on expiry day, recovering from early weakness with selective buying. Maruti Suzuki unveiled its e VITARA electric SUV starting at Rs 10.99 lakh with a unique BaaS model. Dabur appointed Herjit S Bhalla to lead its India business, while GR Infraprojects secured a railway construction project worth Rs 668 crore.

A consortium including Genex Hotels, Dilip Buildcon, and IHCL will redevelop the MPT Lake View Residency Hotel. The project aims to create a minimum 5-star property with a convention center. This development is expected to significantly boost Bhopal's tourism and its standing as a MICE destination.