Announced Mon, 29 Jun · 11:00 IST
Desco Infratech bags Rs 67.42 million order from Adani Total Gas
Business Updates View source PDF
Price
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Price reaction · full curve 14 horizons · vs prior close
+3.3%1-day move
₹215.00
prior close
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base price
In-mkt
timing
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————+3.3+3.3+0.9-1.6-2.8-8.8-12.3———
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AI summary
Desco Infratech Ltd received a purchase order worth Rs 67.42 million (inclusive of GST) from Adani Total Gas Limited. The scope covers MDPE pipeline laying and LMC activities for domestic, commercial, and industrial gas connections at Faridabad. The order is domestic, with no related party interest. Terms and execution timeline are as per the contract.
Likely market impact
New order from a major gas distribution player adds to order book and revenue visibility. No related party concerns.