Announced Wed, 29 Jul · 14:29 IST
Desco Infratech completes ATGL gas pipeline project in Faridabad
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+2.5%1-day move
₹181.00
prior close
₹183.30
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.3+3.4+3.4+3.4+2.5+3.9+3.9+0.6+3.6+0.7+6.0-6.4——
Up moveDown movePending
AI summary
Desco Infratech has completed laying 100+ km of MDPE pipeline network and installing over 6,500 domestic PNG connections in Faridabad, Haryana for Adani Total Gas Limited. The project was executed per prescribed technical specifications, quality standards, and project timelines. The completion adds to the company's track record in the City Gas Distribution sector and strengthens its relationship with ATGL.
Likely market impact
Positive execution milestone; strengthens credibility with a marquee client and supports prospects for future CGD infrastructure assignments.