Shares of Dilip Buildcon Ltd climbed nearly 3% on Monday, 18 August, after its DBL-RBL joint venture (JV) won a construction order worth Rs 1,503.63 crore for the Gurugram Metro Corridor.

The JV received a Letter of Acceptance (LoA) to build the corridor between Millennium City Centre and Cyber City, along with a spur from Basai Village to Dwarka Expressway, covering 27 stations in total.

According to the company’s exchange filing, the project includes constructing a viaduct, 14 elevated stations from Millennium City Centre to Sector 9, a spur to Dwarka Expressway (1.85 km), a ramp to the Sector 33 depot, and an underpass at Bhaktawar Chowk. The order excludes PEB and architectural finishing works and must be completed within 30 months.

Earlier this month, Dilip Buildcon had announced that its JV with RBL was declared the lowest bidder (L1) for the project floated by Gurugram Metro Rail.

At the end of June 2025, Dilip Buildcon’s order book stood at Rs 13,695 crore. 

As of 2:50 pm, shares were trading 2.89% higher at Rs 493 apiece on NSE.

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