India's Dilip Buildcon rises on consortium's 26 bln-rupee order win

Dilip Buildcon

27/03/2025 09:14

** Dilip Buildcon (DBL) DIBL.NS rises as much as 5.6% to 479.80 rupees; to snap three consecutive sessions of losses

** DBL-STL Consortium gets 26.31 bln-rupee ($306.7 mln) work order from BSNL

** Infra co says its portion is 70.23%

** DIBL trading above 50-day, 100-day and 200-day exponential moving averages

** Stock rated "buy" on avg; median PT is 466 rupees, per data compiled by LSEG

** DIBL gains 14.5% so far this month, on track to snap six straight monthly fall

($1 = 85.7860 Indian rupees)

 (Reporting by Ashish Chandra in Bengaluru)

 ((ashish.chandra@thomsonreuters.com (+91 7982114624))