Dilip Buildcon shares soar 4% on emerging as the lowest bidder for ₹5,000 crore NALCO tender

The stock was trading 1% higher at ₹434.30 per equity share, as of 12:51 pm.

The scrip fell nearly 4% over the past five days and approximately 9% over the month. It has lost more than 9% in the last six months and close to 7% year-to-date.

While the share reached a 52-week high of ₹585 on September 24, 2025, it touched a year’s low of ₹363.15 apiece on January 28, 2025.

The 25-year deal is for a general mine developer and operator (MDO) contract for the Pottangi Bauxite mines, along with the overland conveyor corridor (OLCC) and allied facilities, it stated in a regulatory filing.

Furthermore, the project involves a total mining quantity of 84 million tonnes, it added.

The contract comprises engineering, procurement, and construction (EPC) work for the first three years, involving the OLCC road, the water intake facility and mining and transportation. The infrastructure firm will work on seven million tonnes of mining quantities for ₹1,750 crore.

Following that, the company will be involved in mining operations for the remainder of the 22 years, involving 77 million tonnes of mining quantity, amounting to ₹3,250 crore, at current mining charges of ₹423 per ton.

Other key developments

In October, the Bhopal-headquartered company bagged three work orders.

On October 29, it received a 24-month back-to-back sub-contract for the development of the Barpali loading bulb at Kusara, valued at approximately ₹307.08 crore (including GST).

It was also declared the L1 bidder for a ₹979.30 crore tender floated by the National Highways Authority of India (NHAI).

Furthermore, it received the letter of acceptance (LOA) for the development of a 100 MW grid-connected ground-mounted solar PV power project under captive mode to supply power to Madhya Pradesh Jal Nigam for 25 years from the date of commissioning.

Dilip Buildcon has a total capitalisation of ₹11.44 lakh crore, as of Novmber 24, 2025, according to data on the NSE.