Likhitha Infrastructure Limited receives new orders

Likhitha Infrastructure Limited has received order worth Rs. 145.86 Crores (excl. GST) from Indradhanush Gas Grid Limited (IGGL) vide letter dated 30.08.2021 for laying & construction of Steel Gas pipeline and terminals along with associated facilities for section 5 & 9 of North-East Gas Grid (NEGG) Project.

The Company has received various orders worth Rs. 80.00 Crores (approx.) (excl. GST) from Oil & Gas Distribution Companies during the period from June 2021 to till date for City Gas Distribution pipeline and related works.

The value of total outstanding order book as on date i.e., August 31, 2021, is approximately Rs. 1020.00 Crores (excl. GST).

Shares of Likhitha Infrastructure Limited was last trading in BSE at Rs. 375.55 as compared to the previous close of Rs. 360.75. The total number of shares traded during the day was 27156 in over 2446 trades.

The stock hit an intraday high of Rs. 383.5 and intraday low of 355. The net turnover during the day was Rs. 10058896.

Source : Equity Bulls

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