ISGEC Heavy Engineering Ltd, Hikal Ltd, Eureka Forbes Ltd and Jindal Saw Ltd are among the other gainers in the BSE's 'A' group today, 30 May 2023.

Dilip Buildcon Ltd surged 19.98% to Rs 202.95 at 11:45 IST. The stock was the biggest gainer in the BSE's 'A' group. On the BSE, 3.56 lakh shares were traded on the counter so far as against the average daily volumes of 31210 shares in the past one month.

ISGEC Heavy Engineering Ltd spiked 13.84% to Rs 612.8. The stock was the second biggest gainer in 'A' group. On the BSE, 1.11 lakh shares were traded on the counter so far as against the average daily volumes of 11395 shares in the past one month.

Hikal Ltd soared 10.58% to Rs 313.1. The stock was the third biggest gainer in 'A' group. On the BSE, 1.47 lakh shares were traded on the counter so far as against the average daily volumes of 16148 shares in the past one month.

Eureka Forbes Ltd added 9.71% to Rs 440. The stock was the fourth biggest gainer in 'A' group. On the BSE, 1.55 lakh shares were traded on the counter so far as against the average daily volumes of 28366 shares in the past one month.

Jindal Saw Ltd spurt 7.03% to Rs 207.15. The stock was the fifth biggest gainer in 'A' group. On the BSE, 5.51 lakh shares were traded on the counter so far as against the average daily volumes of 1.76 lakh shares in the past one month.

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Dilip Buildcon announced that the company through Dilip Buildcon Limited - Vijay Kumar Mishra Construction [DBL-VKMCPL (JV)] has declared as L-1 bidder for the tender floated by the Water Resource Department in the state of Madhya Pradesh, District -Mandsaur.

Project: “Construction of Malhargarh Pressurized Micro Lift Major Irrigation Project on turnkey basis (Project For 46500 Ha. Irrigation) comprising of preparation of Construction drawings & design, obtaining approval of all construction drawing & design from the competent authority including construction of all civil, mechanical and electrical works involved in the construction of Project.”

Project cost: Rs 699.03 crore

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Dilip Buildcon announced that the Board of Directors of the Company at its meeting held on 19 May 2023, has recommended a Final dividend of Rs.0.1 per share (i.e.1%), subject to the approval of the shareholders.

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Net Loss of Dilip Buildcon reported to Rs 73.16 crore in the quarter ended March 2023 as against net loss of Rs 55.51 crore during the previous quarter ended March 2022. Sales rose 6.66% to Rs 2841.05 crore in the quarter ended March 2023 as against Rs 2663.70 crore during the previous quarter ended March 2022.

For the full year,net profit reported to Rs 0.94 crore in the year ended March 2023 as against net loss of Rs 548.87 crore during the previous year ended March 2022. Sales rose 11.26% to Rs 10643.64 crore in the year ended March 2023 as against Rs 9566.43 crore during the previous year ended March 2022.

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