Dilip Buildcon rose 3.62% to Rs 962.50 at 10:12 IST on BSE after the company said it won two new EPC projects worth Rs 517.81 crore by Ircon International.
The announcement was made before trading hours today, 22 December 2017.Meanwhile, the S&P BSE Sensex was up 128.86 points, or 0.38% to 33,885.14.
On the BSE, 19,000 shares were traded in the counter so far, compared with average daily volumes of 33,000 shares in the past two weeks. The stock had hit a high of Rs 969 and a low of Rs 942.10 so far during the day. The stock hit a record high of Rs 1,009.10 on 29 November 2017. The stock hit a 52-week low of Rs 216.25 on 26 December 2016.
Net profit of Dilip Buildcon rose 1558.5% to Rs 115.60 crore on 72.6% rise in net sales to Rs 1581.79 crore in Q2 September 2017 over Q2 September 2016.
Dilip Buildcon is a road-focused engineering procurement construction (EPC) contractor.
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