Dilip Buildcon's DBL-STL Consortium Wins Rs.2631 Cr Bharat Net Phase-III Project; Stock Rises nearly 5.5%

Summary:

Dilip Buildcon's DBL-STL Consortium has received an Advance Work Order (AWO) for the Bharat Net Phase-III Broadband Connectivity Project, funded by USOF. The project, valued at Rs.2,631.14 Cr (including CAPEX, OPEX, and GST), involves the design, supply, construction, installation, upgradation, operation, and maintenance of a middle-mile network for BSNL. The project will provide Middle Mile and Last Mile connectivity in Jammu & Kashmir and Ladakh. DBL’s execution share in the project stands at 70.23%.

Stock Performance:

  • Stock surged 5.4% intraday, reaching a high of Rs.479.25.
  • Market Cap: Rs.6,915.97 Cr

Key Highlights:

✅ Company: DBL-STL Consortium

✅ Order Value: Rs.2631.14 Cr (Including CAPEX, OPEX & GST)

✅ Client: BSNL (Funded by USOF)

✅ Project: Bharat Net Phase-III – Broadband Connectivity for Jammu & Kashmir and Ladakh

✅ DBL’s Execution Share: 70.23%

About the company:

Dilip Buildcon Limited, incorporated in 2006, is presently in the business of development of infrastructure facilities on Engineering Procurement and Construction basis (EPC) and undertakes contracts from various Government and other parties and special purpose vehicles promoted by the Company.

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