Dilip Buildcon which had closed yesterday at Rs.944.40, surged by almost Rs.40 to Rs.980.05. Its 52-week high is at Rs.1059.

The stock price has soared after it announced today morning that it has won a new order.

The company has emerged as the lowest bidder for a Rs 2,013 crore highway project in Andhra Pradesh to be done under hybrid annuity mode. 

The project pertains to six-laning of Anandapuram-Pendurthi-Anakapalli section of NH 5 (new NH 16) from Km 681 to km 731.78 km under Bharatmala Pariyojna on hybrid annuity mode.