 "Dilip Buildcon dips 14% after report said firm likely to exit HAM projects")
Shares of Dilip Buildcon plummeted up to 14 per cent intra-day during the afternoon deals on the BSE on Wednesday after reports suggested that the roads and highways developer was looking to exit all of its Hybrid Annuity Model (HAM) based projects.
At 12:44 pm, the stock was trading at Rs 406 per share, down 6.3 per cent, having touched an intra-day low of Rs 372.15. In comparison, the S&P BSE Sensex was trading 0.24 per cent higher. The scrip has corrected by 41 per cent from its recent high of Rs 631.5 apiece, touched on May 27, 2019.
According
