Business news · Corporate · 07 Oct 2026
IN Construction Oil Gas & Consumable Fuels
Dilip Buildcon said the Petroleum and Natural Gas Regulatory Board has awarded it an LPG pipeline from Paradip in Odisha to Raipur in Chhattisgarh, a project it values at Rs 1,800 crore. Construction is to take three years, followed by 25 years of operation. The company will develop and run the pipeline through a special purpose vehicle it owns fully, and will not buy or trade LPG itself. The shares rose as much as 3.5% to Rs 415.20 during the session.
Dilip Buildcon is known mainly as a road contractor; a pipeline it owns and operates for 25 years brings a different kind of income, a transport tariff over time instead of a one-off construction payment, and needs the company to fund the asset. The project is about a quarter of its market value of Rs 6,619 crore. For the gas sector, a regulator-awarded LPG line from a port to central India moves cylinders' worth of fuel off road and rail, which affects the logistics costs of the state-owned fuel retailers. Pipe makers and laying contractors are the suppliers that earn from the construction phase.
Reported by Upstox — “Dilip Buildcon shares jump nearly 4% on bagging order worth ₹1,800 crore from PNGRB” ↗ on 07 Oct 2026.
NSE stocks, from the last close on or before 07 Oct 2026 to the close on 16 Oct 2026.
| Sector | Stocks | Median move | Up | vs all stocks |
|---|---|---|---|---|
| Construction | 24 | -1.6% | 7 of 24 | -0.7 pts |
| Oil Gas & Consumable Fuels | 19 | -0.9% | 7 of 19 | -0.1 pts |
| All tracked stocks | 804 | -0.9% | 321 of 804 | — |
| Company | Then | Now | Move |
|---|---|---|---|
| Dilip Buildcon Ltd. DBL | ₹409.25 | ₹402 | -1.8% |
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