Outcome of Board Meeting
Please find herewith outcome of the Board Meeting of the Company held on November 14, 2017 at 11.00 AM and concluded at 12.45 PM at the registered office of the Company. 1. Considered and approved the Unaudited Standalone Financial Results for the Quarter and Half Year ended September 30, 2017 along with Limited Review Report. 1.... Unaudited Standalone Financial Results For The Quarter And Half Year Ended September 30, 2017
Please find attached herewith Unaudited Standalone Financial Results for the Quarter and Half Year ended September 30, 2017 along with Limited Review Report, duly approved and taken on record at the Meeting of the Board of Directors of the Company held on November 14, 2017 at 11.00 AM and concluded at 12.45 PM at the registered office of the Company. Further inform you that the said information will be available on the website of the Company at www.dilipbuildcon.com. Analyst / Investor Meet - Intimation
Pursuant to Regulation 30 (6) of the Securities and Exchange Board of India (Listing Obligations and Disclosure requirements) Regulations, 2015 (the 'Listing regulations') read with Part A of Schedule III of the Listing Regulations, we would like to inform that the Company has scheduled an Earnings call with the analysts and investors to discuss operational and financial performance for the Quarter and Half Year ended September 30, 2017 on Tuesday , November 14, 2017 at 6.00 P.M. The Meeting Of Board Of Directors Of The Company Is Scheduled To Be Held On Tuesday, November 14, 2017 At The Registered Office Of The Company.
We wish to inform you that, pursuant to Regulation 29 and 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the meeting of Board of Directors of the Company is scheduled to be held on Tuesday, November 14, 2017 at the registered office of the Company to inter-alia, consider and approve the Unaudited Standalone Financial Results of the Company for the Quarter and Half year ended September, 30, 2017 and any other matter with the permission of the chair.... Updates
With reference to the subject cited above, Mr. Dilip Suryavanshi, Promoter of Company has given disclosure to the Company in the prescribed format for release of his pledged shares, in terms of Regulation 31(1) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Request you to kindly take the same on record and oblige. Updates
We would like to inform you that in terms of the Code of Conduct for prevention of Insider Trading in Securities of Dilip Buildcon Limited, the Trading Window will remain closed from October 28, 2017, until 48 hours from the date of declaration of the unaudited financial results of the Company for the quarter ended September 30, 2017. Kindly take the same on your records. Updates
We would like to inform you that in terms of the Code of Conduct for prevention of Insider Trading in Securities of Dilip Buildcon Limited, the Trading Window will remain closed from October 28, 2017, until 48 hours from the date of declaration of the unaudited financial results of the Company for the quarter ended September 30, 2017. Kindly take the same on your records. Updates
We would like to inform you that in terms of the Code of Conduct for prevention of Insider Trading in Securities of Dilip Buildcon Limited, the Trading Window will remain closed from October 28, 2017, until 48 hours from the date of declaration of the unaudited financial results of the Company for the quarter ended September 30, 2017. Kindly take the same on your records. Updates
We are pleased to inform you that the Company has received the Provisional Completion Certificates, prior to the Scheduled Completion Date for the Project 'Rehabilitation and Up-gradation of Mandla-Chilpi Section of NH-12A from existing Km. 89/500 to 192/4 including construction of Mandla, Madhopur and Anjania bypass in the State of Madhya Pradesh to two lane with paved shoulders on EPC Mode under NHDP-IV' and consequently the Company is entitled...
Dilip Buildcon: Diwali Picks from analysts
The BSE and NSE are conducting a special Muhurat trading session on Thursday, 19 October. The trading session, which is conducted to mark Diwali, is held between 6.30pm and 7.30pm. The pre-opening session will start at 6.15pm. In the leadup to this trading event, multiple analysts including Edelweiss, HDFC Securities, Axis Direct and Motilal Oswal have announced their Diwali picks. A summary of some popular picks is below. Granules India (HDFC Securities, Motilal Oswal), target price Rs. 200 - 240 Hyderabad-based pharmaceutical company Granules India is a company that analysts are bullish about due to the large number of ANDA approvals the company is filing for over the next couple of years. The company according to analysts is a strong performer, delivering earnings growth consistently over the past few years. It has also seen rising profitability on its products. ort. Dilip Buildcon (Axis Direct, IIFL, Edelweiss) target price: Rs. 867 One of the largest and fastest growing EPC contractors for roads saw management raise the company's FY18 revenue guidance after a strong Q1 performance. Elections coming up in multiple states mean rapid clearance for road projects. The company is selling off its entire BOT portfolio, a move to reduce the debt on its balance sheet, giving DBL the chance to participate in HAM projects to the tune of Rs. 15,000 - 25,000 crore in FY18. The company's order backlog worth Rs. 15,600 crore at the end of Q1 gives it a long runway. Birla Corp (HDFC Securities, Motilal Oswal) target price: Rs. 1150 - Rs. 1450 Birla Corp, with its impressive cash flow yields and growing size, is another company that has drawn the attention of multiple analysts. The company's footprint across North, Central and East India bodes well for growth, with states in these regions looking to ramp up infrastructure spending. Birla Corp's scale currently is comparable to Ramco thanks to rapid growth in the past several quarters. Steel Strips Wheels (Axis Direct) target price: Rs. 1061 SSWL's investments in heavier wheels has been paying off for the firm in sales. In the most recent month, the company achieved total wheel rim sales of 72.92 lakh versus 12.09 lakh in September 2017, representing a growth of 7% YoY. The company has also recently expanded capacity in production lines to meet growing commercial demand in South India, and the firm also commenced production in its first alloy wheel plant in Gujarat in August 2017. EBITDA margins are projected to expand (analyst projections) by 1.5%+ thanks to investments in heavier wheels and alloy wheels. Rain Industries (Dolly Khanna pick) The final stock in the list is one where superstar investor Dolly Khanna has been increasing her stake. Khanna raised her stake in Rain Industries to 2.04% in the September quarter from 1.27% in the previous quarter. The carbon-products manufacturer saw mutual funds decrease their holdings in the company even as FII/FPIs and Dolly Khanna raised it for their portfolio investments.