Dilip Buildcon Slumps 26% In Two Sessions

Gold Silver Reports – Dilip Buildcon Slumps 26% In Two Sessions – Shares of the Bhopal-based road construction company fell for second day in a row falling 26 percent in the last two sessions to Rs 782.45. The stock has come under selling pressure despite the company in yesterday’s session clarifying that rumors in the market relating to the resignation of statutory auditors of the company are false and baseless. 

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Dilip Buildcon Surges After Kotak Securities Initiates Coverage

Gold Silver Reports (GSR) – Dilip Buildcon Surges After Kotak Securities Initiates Coverage  – Shares of the Bhopal-based road developer rose as much as 2.9 percent to Rs 1,162 after homegrown brokerage — Kotak Securities initiated coverage on the stock with a ‘buy’ for a target price of Rs 1,365 per share.   

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Stocks To Watch: Dilip Buildcon, Infosys, IL&FS Engineering, Lloyd Metals

Gold Silver Reports (GSR)  – The Singapore-traded SGX Nifty, an early indicator of NSE Nifty 50 Index’s performance in India, declined 0.3 percent to 10,472 as of 6:50 a.m. Asian stocks inched higher Monday, U.S. equity futures pared gains and the yen retraced losses as traders assessed the likelihood the fallout of an American-led strike on Syria could be contained.               

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Dilip Buildcon Surges After BofAML Initiates Coverage

Dilip Buildcon Surges After BofAML Initiates Coverage — Shares of the Bhopal-based road maker rose as much as 12 percent, the most in over five months, to record high of Rs 1,124 after international brokerage Bank of America Merrill Lynch initiated coverage on the stock with a ‘buy’ for target price of Rs 1,244. 

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Dilip Buildcon Gains After Receiving Order From NHAI

Gold Silver Reports – Dilip Buildcon Gains After Receiving Order From NHAI — Shares of the highway construction company rose as much as 2.1 percent to Rs 995. The company won an order from National Highways Authority of India for an EPC project worth Rs. 677.07 crore, according to its stock exchange notification.  

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