Bengaluru, Oct. 7 -- The shares of a small-cap company engaged in building infrastructure projects on an EPC basis gained attention after receiving a letter of acceptance to develop a 100 MW grid-connected solar power project.
With a market capitalization of Rs.8,516.17 Crores, the shares of Dilip Buildcon Limited were trading at Rs.524, up by 1.86 percent from its previous day closing price of Rs.514.45.
Contract
Dilip Buildcon Limited, through its joint venture with APMPL, has received a contract for the development of a 100 MW Grid-Connected Ground-Mounted solar power plant in Mandsaur, Madhya Pradesh. The plant will operate in captive mode, meaning all the electricity will be supplied only to Madhya Pradesh Jal Nigam.
The agreemen...
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