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DBL
(DBL) has received an EPC order valued at around ₹1,800 crore from the Petroleum and Natural Gas Regulatory Board (PNGRB) for the development of the Paradip–Raipur LPG Pipeline.
The sizeable order is expected to strengthen DBL’s infrastructure order book and enhance revenue visibility over the project execution period. The win also reinforces the company’s presence in India’s expanding energy and pipeline infrastructure segment.
📌 Nivesh Research Insight:
The order win is positive from an order-book and revenue-visibility perspective. However, investors should closely monitor project execution, operating margins, cash-flow generation and working-capital requirements to assess its overall impact on DBL’s financial performance.
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