Dilip Buildcon adds 3% on bagging contract for Rajkot's greenfield airport

Earlier, on October 30, the company informed the exchanges that NHAI has fixed October 24 as the appointment date for its wholly-owned subsidiary for construction of a highway under Bharatmala

Dilip Buildcon gained 2.8 per cent to Rs 444.5 in the morning deals on the BSE on Friday after the company bagged contract to construct new greenfield airport in Gujarat.

"The company has been declared L-1 bidder by the Airport Authority of lndia for construction of new Greenfield Airport at Hirasar, Rajkot, Gujarat," the company said in a regulatory filing. The project has to be completed in 30 months. READ FILING HERE

The Cabinet on February 28 had approved the development of a new greenfield airport at Rajkot. The airport will be 28 kilometres from Rajkot, will be