Desco Infratech Ltd emerges L1 for order from BPCL

Desco Infratech Ltd has received the lowest bid confirmation at the L1 Stage being declared as the Successful Bidder for the Last Mile Connectivity (LMC) & Associated works along with DMA and Associated works for CGD projects in four (4) geographical areas (GA) of BPCL in the State of Odisha, by Bharat Petroleum Corporation Limited (BPCL).

We are also pleased to inform that through this achievement, the Company has marked a significant strategic expansion by entering a new geographical location in the Eastern region of India, thereby strengthening its presence and widening its operational footprint.

The aggregate value of the tenders is Minimum Rs. 7 Cr (Rupees Seven Crore Approximately), inclusive of GST.

Shares of Desco Infratech Limited was last trading in BSE at Rs. 205.15 as compared to the previous close of Rs. 194.70. The total number of shares traded during the day was 27500 in over 50 trades.

The stock hit an intraday high of Rs. 207.10 and intraday low of 196.00. The net turnover during the day was Rs. 5573025.00.

Source : Equity Bulls

Keywords

DescoInfratech INE0TGG01014 CivilConstruction L1 OrderWin BPCL