Dilip Buildcon zooms on reporting a 26% rise in Q3 net profit
Dilip Buildcon is currently trading at Rs. 348.75, up by 13.05 points or 3.89% from its previous closing of Rs. 335.70 on the BSE.
The scrip opened at Rs. 335.00 and has touched a high and low of Rs. 355.20 and Rs. 331.35 respectively. So far 29493 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1248.35 on 15-May-2018 and a 52 week low of Rs. 311.55 on 05-Feb-2019.
Last one week high and low of the scrip stood at Rs. 355.20 and Rs. 311.55 respectively. The current market cap of the company is Rs. 4781.47 crore.
The promoters holding in the company stood at 75.63%, while Institutions and Non-Institutions held 15.59% and 8.77% respectively.
The company has reported a rise of 25.63% in its net profit at Rs 206.91 crore for third quarter ended December 31, 2018 as compared to Rs 164.70 crore for the same quarter in the previous year. Total income of the company increased by 27.97% at Rs 2492.64 crore for Q3FY19 as compared Rs 1947.77 crore for the corresponding quarter previous year.
Dilip Buildcon’s core business is undertaking construction projects across India in the roads and irrigation sectors. They specialize in constructing state and national highways, city roads, culverts and bridges.
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