Desco Infratech Ltd receives LOA for order from BPCL

Desco Infratech Ltd has received a Letter of Acceptance (LOA) from Bharat Petroleum Corporation Limited (BPCL) in reference to the L1 bid previously intimated on 13.10.2025, amounting to Rs. Rs. 3,47,27,098/- (Rupees Three Crore Forty-Seven Lakh Twenty-Seven Thousand Ninety-Eight Only).

The order is for Last Mile Connectivity (LMC) & Associated Works Along with DMA and Associated Works for CGD Project In Amethi - Pratapgarh - Raebareli GA Uttar Pradesh.

The Company had been earlier declared as the successful bidder for certain projects and was expected to receive LOAs aggregating to approximately ₹ 26 Crore in due course, with formal LOAs from respective clients awaited.

Shares of Desco Infratech Limited was last trading in BSE at Rs. 255.10 as compared to the previous close of Rs. 267.10. The total number of shares traded during the day was 89000 in over 83 trades.

The stock hit an intraday high of Rs. 266.45 and intraday low of 254.00. The net turnover during the day was Rs. 22984900.00.

Source : Equity Bulls

Keywords

DescoInfratech INE0TGG01014 CivilConstruction LOA BPCL