Dilip Buildcon bags ₹914-cr contract from Maharashtra govt

Dilip Buildcon on Wednesday said it has won a ₹914-crore contract from the government for upgradation of a highway stretch in Maharashtra under the National Highways Development Project (NHDP). In a notification to the exchanges, the company said the project has been awarded on hybrid annuity mode at a project cost of ₹914 crore and the first year operations and maintenance cost of ₹3 crore. Shares of Dilip Buildcon edged down 1.7 per cent at ₹220.60 on the NSE.