Dilip Buildcon's stock reacted positively to the development, jumping over 4% in the final hour of trading.
The BharatNet project, funded by the Universal Service Obligation Fund, aims to enhance broadband infrastructure across rural and remote areas of India. As part of the project, Dilip Buildcon will be responsible for 70.23% of the execution, focusing on the design, development, operation, and maintenance of the connectivity network.