Dilip Buildcon shares erase all gains, slip into the red after hitting 52-week high; check latest update

The stock, which rallied as much as 5.37% to hit a high of ₹585 apiece (also its fresh 52-week high level) on the NSE in the opening deals, was trading lower when last seen.

The stock drew buying interest after the company, in an exchange filing on Tuesday post-market hours, said that Dilip Buildcon through DBL-PSP JV has been declared the L-1 bidder for the tender floated by the Kerala Industrial Corridor Development Corporation Limited Engineering, Procurement & Construction on the basis in Kerala.

The company added that the cost of the project is ₹1,115.37 crore, excluding GST, and the completion period is 42 months.

About the Project

Dilip Buildcon said the work order is regarding the "design, construction, testing, commissioning and operation & maintenance of infrastructure works at Pudussery Central & Kannambra of Palakkad Node in Kerala under extension of Chennai Bengaluru Industrial Corridor (CBIC) to Kochi via Coimbatore 'on EPC basis'."

About Dilip Buildcon

Dilip Buildcon Limited is an engineering, procurement and construction (EPC) company. It is engaged in the business of infrastructure activity. Its core business comprises constructing state and national highways. It has two reportable segments, namely Engineering, Procurement and Construction (EPC) Projects & Road Infrastructure Maintenance and Annuity Projects & Others.

It is also engaged in coal mining operations, which have two Mining Developer Cum Operator (MDO) projects – at Siarmal, Odisha, and Pachhwara, Jharkhand. The company's projects span roads and highways, sewage treatment, dams, rails and metros, airports, mining, irrigation, tunnels, bridges, commercial buildings, and urban development.

Dilip Buildcon share price

Shares of the company have given decent returns over the past few months. Data show that the stock has jumped over 22% over the past 30 days, nearly 24% in the past six months, and over 27% so far in 2025 (YTD).

For the Q1 FY26 period, Dilip Buildcon, as per news reports, posted a 93.6% year-on-year (YOY) jump in consolidated net profit to ₹271 crore, supported by improved margins and an exceptional gain of ₹169.3 crore.

The EBITDA grew 8.7% to ₹520 crore, while the EBITDA margin rose sharply to 19.8% from 15.2% last year.

However, revenue declined 16.4% year-on-year to ₹2,620 crore, reflecting the broader slowdown in EPC (engineering, procurement, and construction) ordering activity, CNBC-TV reported.