India's Dilip Buildcon jumps after winning $159 mln project

Dilip Buildcon

05/09/2024 07:54

** Shares of Dilip Buildcon Ltd  DIBL.NS  rise as much as
5.5% to 581.75 rupees
    ** Infrastructure co says, it has been declared as L-1
bidder for tender floated by Konkan Railway Corporation with bid
project cost of 13.41 bln rupees ($159.7 mln)
    ** Stock on track to gain for 3rd straight day
    ** More than 770,000 shares traded as of 12:20 p.m. IST,
busiest day yet this week 
    ** DIBL last up 3.1%, adding to YTD gains of ~47.6% so far


($1 = 83.9500 Indian rupees)

 (Reporting by Meenakshi Maidas in Bengaluru)
 ((meenakshi.maidas@thomsonreuters.com;))