Dilip Buildcon Shares Surge on Big Order Win, Close Slightly in Green

shares surged nearly 4% in early trade after the company secured a ₹1,341-crore order from Konkan Railway. The order boost lifted sentiment, ending a four-day losing streak. However, the stock couldn't sustain its gains and pared all intraday highs to close slightly in the green. Despite the strong upward movement in morning trade, profit booking weighed on the stock toward the end of the session. Technically, ₹470 may act as a crucial support zone, aligning closely with the 200-day simple moving average (SMA) at ₹471. Holding above this level could offer stability and a potential base for future upside. Investors will watch this support level closely in the coming sessions to gauge the stock’s next move. Disclaimer: This post is for informational purposes only and does not constitute investment advice. Investors are advised to consult their financial advisor before making any investment decisions.