•Dilip Buildcon shares rose after receiving a Letter of Acceptance (LoA) from the Narmada Water Resources Water Supply & Kalpasar Department, Government of Gujarat.
•The project, valued at Rs 698.49 crore, involves constructing a flood protection embankment on the Narmada river in Bharuch District on an EPC basis.
•The project is slated for completion within 24 months.
•Earlier this month, Dilip Buildcon was the lowest bidder for a Rs 160.20 crore road project in Sundargarh, Odisha.
•The company also secured a Letter of Intent (LoI) worth Rs 1,850 crore from RECPDCL for a 400 kV Sub-station and transmission lines in Karnataka.