Dilip Buildcon extends gain; stock surges 29% in one week post Q3 results

The stock rallied 13% to Rs 415 on Wednesday on the back of heavy volumes.

Shares of Dilip Buildcon (DBL) rallied 13 per cent to Rs 415 apiece on Wednesday, extending its previous day's 4 per cent gain on the BSE after the company completed rehabilitation and up-gradation of NH-18 (New NH-40) from 108km/850km to 160km/200km (Rayachoty to Kadapa section) in Andhra Pradesh.

The company said the provisional completion certificate has been issued by the National Authority of India on February 11, 2019, and has declared the project fit for entry into commercial operation as on September 10, 2016, and consequently, the company is entitled to a maximum bonus of Rs. 3.56 crore in