Desco Infratech soars on commissioning MDPE pipeline project in Haryana
Desco Infratech is currently trading at Rs. 243.00, up by 6.70 points or 2.84% from its previous closing of Rs. 236.30 on the BSE.
The scrip opened at Rs. 244.40 and has touched a high and low of Rs. 247.00 and Rs. 239.00 respectively. So far 35000 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. 268.95 and Rs. 146.50 respectively. The current market cap of the company is Rs. 186.57 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 successfully completed and commissioned a 14 kms MDPE Pipeline Project in the State of Haryana for facilitating PNG connectivity to residential households. The commissioned pipeline infrastructure will facilitate the conversion of approximately 1,000 domestic household connections from LPG usage to PNG gas usage, enabling citizens to access a safer, cleaner, and more efficient fuel solution directly at their homes.
The project reflects the company’s continued commitment towards strengthening India’s clean energy infrastructure and supporting environmentally responsible urban development. PNG offers improved operational safety, convenience, uninterrupted fuel supply, and reduced carbon emissions compared to conventional fuel systems. This achievement further reflects the growing confidence of clients and stakeholders in Desco’s execution capabilities, technical expertise, and commitment towards quality infrastructure development across the CGD Energy sector.
