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AKANSHA JAIN

29th Mar · SEBI-Registered Analyst

DBL

While the broader market faced heavy selling on Friday, Dilip Buildcon is set to be in focus this coming Monday. The company just announced a major win that strengthens its order book in the EPC (Engineering, Procurement, and Construction) segment. Dilip Buildcon has received a Letter of Acceptance (LoA) from the Government of Gujarat for a project worth ₹698.49 Crore. The Project: Construction of a flood protection embankment on the Narmada River in Bharuch, Gujarat. Timeline: The project is slated for completion within 24 months. Order Book Momentum: This follows other recent wins in Odisha and Karnataka, signaling a strong execution pipeline for FY27. Technical Snapshot: Resistance: The stock is facing immediate resistance at ₹550. A breakout above this with volume could trigger a move toward ₹585. Support: Strong support is seen at the ₹510–₹515 zone. Sector Play: The infrastructure sector often acts as a pocket of strength when the rupee is weak and crude is high, making DBL a good candidate for your league portfolios.

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