India's Dilip Buildcon down after Sept-end order book shrinks

Dilip Buildcon

08/11/2023 04:28

** Shares of infrastructure firm Dilip Buildcon  DIBL.NS , 
fall 2.5%, after rising as much as 2.9% in early trade
    ** Stock on track to snap five straight sessions of gains,
if losses hold
    ** Co says net order book as of Sept-end stood at 239.89 bln
rupees, down from 263.38 bln rupees last year 
    ** Q2 consolidated net profit post four-fold jump, with a
near 10% jump in revenue from ops, helped by growth in
engineering, procurement and construction projects     
    ** As of last close, DIBL up ~59%

 (Reporting by Rama Venkat in Bengaluru)
 ((ramavenkat.raman@thomsonreuters.com; https://twitter.com/ramavenkat0607;))