Intimation- Confirmation for Lowest Bid at L1 Stage

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Price reactionminutes from the announcement price · days from the prior close

+0.6%Reaction day

₹243.50

prior close

₹241.80

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.2%+0.5% vs market

Civil Construction peers, median of 87sector-0.4%+1.0% vs sector

On the reaction day the stock moved 0.5 pts more than Nifty Microcap 250 and 1.0 pts more than its Civil Construction peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+1.3

10m

+0.7

15m

+0.7

30m

+0.7

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.6+0.2+0.5-0.4+1.0

Next day

-0.2+0.6-0.8-0.2+0.0

-1.4+0.5-1.9+0.2-1.7

-4.7+0.4-5.1-0.3-4.4

-3.5+1.2-4.7+1.1-4.6

-4.3+1.7-6.1+1.2-5.6

-5.1+2.1-7.3+1.7-6.8

15d

+3.1-3.3+6.4-2.2+5.3

-3.1-1.3-1.8-2.6-0.4

-8.0-0.9-7.1-6.3-1.7

-15.8-5.6-10.3-11.5-4.3

UpDownMarket · Nifty Microcap 250Sector · Civil Construction peers, median of 87Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Desco Infratech Ltd has been declared the successful lowest bidder (L1) for the Operation & Maintenance of Steel and MDPE Pipeline Network along with PNG (Piped Natural Gas) connections for domestic, industrial and commercial users in Indore and Pithampur, Madhya Pradesh. The contract has been awarded by Aavantika Gas Limited, a city gas distribution entity. The company has not yet received the Letter of Intent or Letter of Award, and the contract value has not been disclosed. Further details will be shared with the exchange once the LOI/LOA is received.

Likely market impact

Positive development that could add to the company's revenue pipeline, but the actual financial impact remains unknown until the contract value and terms are disclosed post-LOA/LOA.