Desco Infratech Ltd receives LOI from Sabarmati Gas Ltd, orders worth Rs. 3.09 Crores

Desco Infratech Limited has received a Letter of Intent (LOI) from Sabarmati Gas Limited (SGL) in reference to the L1 bid previously intimated on 26.09.2025, amounting to Rs. 1,81,69,440/- (Rupees One Crore Eighty-One Lakhs Sixty-Nine Thousand Four Hundred Forty Only).

Further, the Company has also received an order from Indraprastha Gas Limited (IGL) amounting to Rs. 1,27,57,773/- (Rupees One Crore Twenty-Seven Lakhs Fifty-Seven Thousand Seven Hundred Seventy-Three Only).

Shares of Desco Infratech Limited was last trading in BSE at Rs. 249.80 as compared to the previous close of Rs. 255.00. The total number of shares traded during the day was 33000 in over 32 trades.

The stock hit an intraday high of Rs. 252.70 and intraday low of 245.30. The net turnover during the day was Rs. 8216800.00.

Source : Equity Bulls

Keywords

DescoInfratech INE0TGG01014 CivilConstruction LOI SabarmatiGas OrderWin IndraprasthaGas