India, Nov. 11 -- Satellite townships are planned neighbourhoods built on a city's edge to reduce crowding in the core. They bring housing, roads, utilities and public spaces together under one plan, which makes the construction work large and varied. Contractors with strong execution records and the ability to manage many kinds of buildings at once tend to win these jobs.

The Nifty 50 was trading at 25,181.75, up 0.55%. Meanwhile, Sensex also rose 0.68% to 81,658.59 on Wednesday. Meanwhile, Shares of Dilip Buildcon Ltd. were trading at Rs. 403.85, up 0.69 percent from previous close of Rs. 401.10. The stock opened at Rs. 402.35 and reached an intraday high of Rs. 413.75 and low of Rs. 401.00. The company currently has a market capitali...