DBLStock is continously in downtrend because earlier on 31st December raid on the Dilip Buildcon office ended with the arrest of three company executives. Raids were related to a bribery case in the NHAI contract.
Dilip Buildcon received a letter of acceptance (LOA) on 28 February 2022 from National Highways Authority of India (NHAI) for a new Hybrid Annuity Mode (HAM) project in Chhattisgarh.
The 56.70 km-long project is worth Rs 1,255 crore, expected to be completed within a period of 2 years (24 months).
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