Desco Infratech soars on getting Notification of Award from ONGC
Desco Infratech is currently trading at Rs. 256.95, up by 8.85 points or 3.57% from its previous closing of Rs. 248.10 on the BSE.
The scrip opened at Rs. 252.00 and has touched a high and low of Rs. 260.00 and Rs. 241.00 respectively. So far 33000 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. 194.97 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 the Notification of Award (NOA) from Oil and Natural Gas Corporation (ONGC) for the project namely ''Replacement of 24'' Crude Oil Transfer Pipelines from ONGC Trombay Terminal to BPCL & HPCL Refineries, Uran Plant. The size of the order is Rs 16.66 crore inclusive of GST.
