Desco Infratech Ltd receives orders from KP Energy Ltd and GAIL Gas Ltd

Desco Infratech Limited has received a Purchase Order or FOA from KP Energy Limited and GAIL Gas Limited.

The orders involve Supply and installation/execution works relating to Cable laying, HDPE pipes, OFC works, Termination kits and Allied infrastructure works and Hiring Contract for Laying of Underground MDPE Pipeline and Associated Works for Gail Gas Bengaluru CGD Projects.

The order size is Rs. 56,225,821.35/- Inclusive of GST.

Shares of Desco Infratech Limited was last trading in BSE at Rs. 230.00 as compared to the previous close of Rs. 237.00. The total number of shares traded during the day was 26500 in over 48 trades.

The stock hit an intraday high of Rs. 236.80 and intraday low of 228.50. The net turnover during the day was Rs. 6165650.00.

Source : Equity Bulls

Keywords

DescoInfratech INE0TGG01014 CivilConstruction OrdersWin