Gold Silver Reports (GSR) – Shares of the Bhopal-based construction company rose as much as 9.9 percent, the most in over four months, to Rs 869.80 after it emerged as the lowest bidder for Coal India’s arm Northern Coalfield.
Dilip Buildcon was declared L-1 bidder for a new OB removal contract mining project valued at Rs.717.45 crore (excluding GST) by the Northern Coalfield Limited (NCL), a subsidiary of Coal India, the company said in an exchange notification.