Dilip Buildcon Shares Rally 5.58% After Securing ₹3,400 Crore EPC Contract
Dilip Buildcon's stock surged 5.58% following announcement of a ₹3,400 crore EPC contract from Adani Road Transport for the Ganga Path project in Bihar. The 42-month project spans 41.09 kilometers and includes comprehensive infrastructure development works, providing significant order book addition and long-term revenue visibility for the company.

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Dilip Buildcon shares surged 5.58% on Friday following the company's announcement of securing a major infrastructure contract worth ₹3,400.00 crores from Adani Road Transport Limited. The stock reached ₹491.70 before paring gains to trade 3.11% higher at ₹480.20, significantly outperforming the NSE Nifty 50 Index which declined 0.34%.
Market Performance and Trading Activity
The stock's strong performance was accompanied by heightened trading activity, with total traded volume reaching 3.7 times its 30-day average. The relative strength index stood at 57, indicating moderate momentum. Over the past 12 months, the stock has gained 4.00%.
| Market Metrics: | Details |
|---|---|
| Intraday High: | ₹491.70 |
| Current Price: | ₹480.20 |
| Daily Gain: | 3.11% |
| Volume Multiple: | 3.7x (vs 30-day average) |
| RSI: | 57 |
| 12-Month Performance: | +4.00% |
Project Details and Contract Scope
The company received a letter of award from Adani Road Transport Limited for the execution of EPC works on a back-to-back basis for the construction of Ganga Path connecting Sultanganj-Bhagalpur-Sabour Road. The project employer is Bihar State Road Development Corporation Limited, with the comprehensive scope including design, engineering, procurement, construction, testing and commissioning.
| Project Parameters: | Specifications |
|---|---|
| Contract Value: | ₹3,400.00 crores (excluding GST) |
| Construction Length: | 41.09 km |
| Project Duration: | 42 months |
| Client: | Adani Road Transport Limited |
| Employer: | Bihar State Road Development Corporation Limited |
| Contract Type: | Lump Sum EPC |
Analyst Outlook and Market Position
According to Bloomberg data, analyst sentiment remains mixed with six analysts covering the stock. One analyst maintains a 'buy' rating, four recommend 'hold,' and one suggests 'sell.' The average 12-month consensus price target implies an upside of 0.70% from current levels.
This contract represents a substantial addition to Dilip Buildcon's order book and provides long-term revenue visibility over the 42-month construction period. The project contributes to Bihar's road infrastructure development and demonstrates the company's capability to secure large-scale infrastructure projects from major clients.
Historical Stock Returns for Dilip Buildcon
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +3.50% | +3.02% | +8.85% | -1.37% | +5.07% | +23.83% |
















































