Dilip Buildcon fell 4.73% to Rs 518.15 at 10:52 IST on BSE, with the stock sliding on profit booking after recent rally.
On the BSE, 33,000 shares were traded on the counter so far as against the average daily volumes of 62,696 shares in the past one quarter. The stock had hit a high of Rs 549 and a low of Rs 518 so far during the day. The stock had hit a record high of Rs 549.25 on 13 July 2017 and a 52-week low of Rs 178.60 on 9 November 2016.
The stock had outperformed the market over the past one month till 13 July 2017, advancing 20.91% compared with the Sensex's 3% rise. The scrip had also outperformed the market over the past one quarter gaining 46.69% as against the Sensex's 8.74% rise.
The mid-cap company has equity capital of Rs 136.77 crore. Face value per share is Rs 10.
Shares of Dilip Buildcon had rallied 19.58% in the preceding five trading sessions to settle at Rs 543.85 yesterday, 13 July 2017, from its close of Rs 454.80 on 6 July 2017.
Dilip Buildcon's net profit jumped 222.5% to Rs 195.77 crore on 28.8% increase in net sales to Rs 1732.30 crore in Q4 March 2017 over Q4 March 2016.
Dilip Buildcon is a road-focused engineering procurement construction (EPC) contractor. The company develops infrastructure across the country in diverse areas such as roads & bridges, water sanitation & sewage, irrigation, industrial, commercial & residential buildings.
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