Archive · 24 Sep 2025
Dilip Buildcon Wins Kerala Project, Stock Briefly Jumps
A construction company, Dilip Buildcon, won a contract worth over ₹1,100 crore in Kerala.
This project is part of a larger effort to build an industrial corridor.
The company, with PSP Projects, will build and maintain infrastructure.
The stock price briefly went up but later fell.
The project is expected to take 42 months.
Trading windows for company insiders are closed for a period following the announcement.
Dilip Buildcon won the lowest bid for a ₹1,115.37 crore project in Kerala.
The project is part of the Chennai–Bengaluru Industrial Corridor extension.
DBL-PSP JV will design, construct, test, and maintain the infrastructure.
The project is expected to take 42 months to complete.
Shares initially rose 6% but then declined.
- Who
- Dilip Buildcon Ltd (DBL) and PSP Projects Ltd JV
- What
- Won the lowest bid for infrastructure works
- When
- Recently announced
- Where
- Palakkad Node in Kerala, part of the Chennai–Bengaluru Industrial Corridor (CBIC) extension
- Why
- To design, construct, test, commission, and operate and maintain infrastructure works.
- Winning Bidder
- Dilip Buildcon Ltd (DBL) - PSP Projects Ltd JV
- Project Value
- ₹1,115.37 crore
- Project Location
- Palakkad, Kerala
- Project Scope
- Infrastructure works
- Contract Type
- EPC
- Project Duration
- 42 months
- Stock Price Movement
- Shares initially rose 6%, then declined
