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Likhitha Infrastructure climbs on bagging order worth Rs 33.32 crore
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Likhitha Infrastructure is currently trading at Rs. 267.35, up by 6.55 points or 2.51% from its previous closing of Rs. 260.80 on the BSE.
The scrip opened at Rs. 261.65 and has touched a high and low of Rs. 272.25 and Rs. 259.00 respectively. So far 9816 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 342.65 on 29-Sep-2023 and a 52 week low of Rs. 224.20 on 20-Mar-2023.
Last one week high and low of the scrip stood at Rs. 277.00 and Rs. 257.60 respectively. The current market cap of the company is Rs. 1058.05 crore.
The promoters holding in the company stood at 70.03%, while Institutions and Non-Institutions held 0.09% and 29.88% respectively.
Likhitha Infrastructure has received an order worth Rs 33.32 crore (Incl. of GST) from Bharat Petroleum Corporation (BPCL). The order is for Laying & Construction of 3LPE Coated carbon steel underground pipeline & associated works for Erode, Sri Ganganagar, Lakhimpur-Kheri & Koriya GA, - Part D (Lakhimpur-B). The order is to be executed within 12 months.
Likhitha Infrastructure is engaged in the business of laying gas supply pipe lines and irrigation canals, building bridges over the canals and related maintenance works.
