Intimation-Confirmation for Lowest Bid at L1 Stage

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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

+4.1%Reaction day

₹246.00

prior close

₹247.00

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.5%+4.6% vs market

Civil Construction peers, median of 96sector-0.7%+4.8% vs sector

On the reaction day the stock moved 4.6 pts more than Nifty Microcap 250 and 4.8 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

+2.8

10m

+2.4

15m

+2.4

30m

+2.8

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+4.1-0.5+4.6-0.7+4.8

Next day

+1.6-1.7+3.3-2.6+4.2

+1.6-0.7+2.3-1.4+3.0

+0.9-0.2+1.1-1.5+2.4

+1.6-0.7+2.3-2.6+4.2

-0.8+0.3-1.1-2.3+1.5

+5.1+0.9+4.2-1.9+7.0

15d

-6.5+1.4-7.9-2.4-4.1

-8.9+0.3-9.2-4.7-4.3

-11.5-4.5-7.0-10.9-0.6

-30.5-7.4-23.1-13.2-17.3

UpDownMarket · Nifty Microcap 250Sector · Civil Construction peers, median of 96Pending

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

AI summary

Desco Infratech has been confirmed as the successful bidder (lowest bid at L1 stage) for Last Mile Connectivity (LMC) and associated works, along with DMA and associated works, for a City Gas Distribution (CGD) project covering the Amethi-Pratapgarh-Raebareli geographical area in Uttar Pradesh. The order was awarded through Bharat Petroleum Corporation Limited (BPCL), a major public sector oil & gas company. The company has not yet disclosed the order value or detailed terms. Further disclosures regarding the Letter of Intent, Letter of Award, or Purchase Order will be made once formally received from BPCL.

Likely market impact

This is a positive new order win from a reputed PSU client, which could strengthen the company's order book and revenue visibility, but the actual financial impact cannot be assessed until the order value is disclosed via the LOI/LOA/Purchase Order.