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DBL Dilip Buildcon News Story

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in flag iconLast trade - 00:00
IndustrialsAdventurousMid CapNeutral

India's Dilip Buildcon rises after order win

** Shares of Dilip Buildcon Ltd DIBL.NS rise as much as 3% to 472.4 rupees

** Co gets Letter of Intent from REC Power Development and Consultancy for establishing 400kV sub-station at Mekhali for 18.5 bln rupees ($201.3 mln)

** More than 605,000 shares traded as of 12:46 p.m. IST, nearly 2x their 30-day moving avg

** DIBL last up 1%, cutting YTD losses to 3.8%

($1 = 91.9150 Indian rupees)

(Reporting by Meenakshi Maidas in Bengaluru)

((meenakshi.maidas@thomsonreuters.com;))

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