Desco Infratech rises on getting LoI from Sabarmati Gas
Desco Infratech is currently trading at Rs. 219.00, up by 2.65 points or 1.22% from its previous closing of Rs. 216.35 on the BSE.
The scrip opened at Rs. 215.00 and has touched a high and low of Rs. 225.85 and Rs. 211.00 respectively. So far 18000 shares were traded on the counter.
The BSE group 'MT' stock of face value Rs. 10 has touched a 52 week high of Rs. 293.65 on 28-Oct-2025 and a 52 week low of Rs. 122.00 on 20-Mar-2026.
Last one week high and low of the scrip stood at Rs. 234.90 and Rs. 206.85 respectively. The current market cap of the company is Rs. 169.64 crore.
The promoters holding in the company stood at 58.31%, while Institutions and Non-Institutions held 2.20% and 39.49% respectively.
Desco Infratech has received a Letter of Intent (LoI) from Sabarmati Gas (A Joint Venture of GSPC & BPCL) for Laying, Installation, Testing and Commissioning of 4 inches, 6 inches & 8 inches Dia. Steel Gas Pipeline for FDODO CNG Station Connectivity. Broad Consideration or size of the order is Rs 15.06 crore inclusive of GST.
More News
Bajel Projects rises on executing JV agreement to set up joint venture entity in Saudi Arabia
