Dilip Buildcon stock soars over 2% on bagging ₹879 crore order from NHAI

This comes after the company received a letter of acceptance (LoA) for a project worth ₹879.30 crore (excluding GST) from the National Highways Authority of India (NHAI).

The stock was trading 1.38% higher at ₹477 per equity share at around 3:03 pm.

The project is for the “4-laning of Paramakudi to Ramanathapuram section of NH-49 (New NH-87) Km 80+360 to km 127+025 (Design Change) in Tamil Nadu on Hybrid Annuity Mode (Project Length - 46.665 km),” it stated.

The project has a construction timeline of 24 months, followed by a 15-year-long operation and maintenance period.

Other key developments

On November 24, the company emerged as the lowest (L1) bidder for a ₹5,000 crore (excluding GST) tender floated by the National Aluminium Company (NALCO).

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.

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 market capitalisation of ₹7,755.12 crore, as of November 28, 2025, according to data on the NSE.