Desco Infratech Ltd receives order worth Rs. 9.38 crores

Desco Infratech Ltd has received a Purchase Order (PO) from Gujarat Gas Limited (GGL) amounting to Rs. 9,38,10,000.00/- (Rupees Nine Crore Thirty-Eight Lakh Ten Thousand Only).

With this new order, the Company further strengthens its position in the city gas distribution segment and continues to maintain a robust order book exceeding Rs. 370 Crores, reflecting strong business visibility and growth momentum.

The above order is for PNG Installations at Cluster 3C- Utran, Mota Varachha City Area and Velenja Surrounding Area of Surat GA and PE-PNG Operations & Maintenance (O&M) Activity at Sarigam & Surrounding area Cluster in Valsad GA.

Shares of Desco Infratech Limited was last trading in BSE at Rs. 207.00 as compared to the previous close of Rs. 180.25. The total number of shares traded during the day was 38500 in over 64 trades.

The stock hit an intraday high of Rs. 209.55 and intraday low of 170.00. The net turnover during the day was Rs. 7458400.00.

Source : Equity Bulls

Keywords

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