Desco Infratech rises on receiving LoA from BPCL
Desco Infratech is currently trading at Rs. 215.00, up by 3.15 points or 1.49% from its previous closing of Rs. 211.85 on the BSE.
The scrip opened at Rs. 215.00 and has touched a high and low of Rs. 215.00 and Rs. 215.00 respectively. So far 6000 shares were traded on the counter.
The BSE group 'MT' stock of face value Rs. 10 has touched a 52 week high of Rs. 215.50 on 09-Apr-2025 and a 52 week low of Rs. 160.00 on 01-Apr-2025.
Last one week high and low of the scrip stood at Rs. 215.50 and Rs. 167.30 respectively. The current market cap of the company is Rs. 162.62 crore.
Desco Infratech has received Letter of Award (LoA) worth Rs 11.86 crore from Bharat Petroleum Corporation (BPCL). The scope of the work includes last mile connectivity (LMC) and Direct Marketing Services activity and associated works for CGD (city gas distribution) in Bahraich. The contract is to be executed within 14 months.
Desco Infratech is mainly engaged in providing infrastructure and maintenance services to city gas distribution divisions in India.
