Dilip Buildcon Shares Jump Nearly 3% After Winning 100 MW Solar PV Project in Madhya Pradesh

Market Performance

Dilip Buildcon shares climbed almost 3% in early trading on October 7, after the company announced a 100 MW solar PV project in Madhya Pradesh. The rise highlights investor attention on the firm’s growing footprint in infrastructure and renewable energy projects.

• Previous close: ₹504.45
• Opening gain: ~3%
• Market capitalization: ₹7,726.73 crore

The stock has a 52-week high of ₹587.90 (September 24, 2025) and a 52-week low of ₹363.45 (January 28, 2025). It is currently trading 10% below its high and 45% above its low, highlighting steady momentum.

Main News: 100 MW Solar PV Project

Dilip Buildcon has secured the Letter of Acceptance (LoA) for a 100 MW solar photovoltaic power project in Madhya Pradesh, to be developed under the captive mode..

Key project highlights:

• Equity infusion: ₹31.20 crore from the power off-taker
• Ownership stake: 26% in the project company
• Significance: Strengthens Dilip Buildcon’s presence in renewable energy and complements its infrastructure projects

This development aligns with the company’s strategic expansion into sustainable energy solutions.

Company Details and Previous Wins

Dilip Buildcon has been actively securing high-value infrastructure projects:

• DBL-PSP JV: Received ₹1,115.37 crore LoA for an industrial corridor project in Kerala, located at Pudussery Central & Kannambra of Palakkad Node.
• DBL-RAMKY consortium: Secured ₹2,905 crore LoA for the Rajasthan water grid project.

These projects highlight the company’s diversified portfolio across renewable energy, industrial, and water infrastructure.

Stock Performance Overview

Dilip Buildcon shares have seen solid performance recently:

• 6-month gain: +21%
• YTD performance: Positive growth trajectory
• 52-week range: ₹363.45 – ₹587.90

The market is responding positively to Dilip Buildcon’s combination of renewable energy projects and large-scale infrastructure initiatives, signaling investor confidence in its execution capability.

Summary

Dilip Buildcon’s 100 MW solar PV project in Madhya Pradesh marks a significant step in its renewable energy journey. The stock’s nearly 3% rise reflects investor interest in the company’s diversified portfolio and sustainable growth strategy.

• Strategic expansion into renewable energy
• Strong presence in industrial and water infrastructure
• Solid stock performance over six months and year-to-date

Dilip Buildcon continues to strengthen its position as a leading infrastructure and energy player in India, with projects that blend traditional infrastructure with sustainable solutions.