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Stock Report
Desco Infratech Secures Rs 2.94 Cr LOI from Aavantika Gas
Posted On : 2026-03-11 21:25:01( TIMEZONE : IST )
Desco Infratech Limited has received a Letter of Intent (LOI) worth Rs. 2,94,75,864.28 (Rupees Two Crores Ninety Four Lakh Seventy Five Thousand Eight Hundred Sixty Four and Twenty Eight Paisa Only) from Aavantika Gas Limited.
The contract involves MDPE Laying & Last Mile Connectivity (LMC) Works at Indore GA, awarded by a domestic entity with terms and execution timelines as per the contract, inclusive of GST.
Shares of Desco Infratech Limited was last trading in BSE at Rs. 148.60 as compared to the previous close of Rs. 157.40. The total number of shares traded during the day was 27000 in over 46 trades.
The stock hit an intraday high of Rs. 157.40 and intraday low of 147.00. The net turnover during the day was Rs. 4063900.00.
