Dilip Buildcon shares surge 7 pc on Rs 518-cr EPC orders

Shares of highway developer Dilip Buildcon (DBL) today surged nearly 7 per cent after the company said it has bagged two EPC road projects worth about Rs 518 crore from Ircon International.
The stock jumped 6.83 per cent to end at Rs 992.30 on BSE. During the day, it soared 7.86 per cent to Rs 1,002.
At NSE, shares of the company advanced by 6.87 per cent to close at Rs 993.85.
In terms of equity volume, 1.28 lakh shares of the company were traded on BSE and over 8 lakh shares changed hands at NSE during the day.
"DBL has been awarded two new engineering, procurement, and construction (EPC) projects valued at Rs 517.81 crore by Ircon International Ltd," the company said in a BSE filing.