BSEDesco Infratech LtdMediumPositive
Announced Fri, 8 May · 15:08 IST

Intimation regarding Receipt of Purchase Order amounting Rs. 1.92 Cr from KP Energy Ltd & successful completion of gasification and commissioning at Vizag Steel Plant in association with ....

Business Updates View source PDF

Price

Loading chart…

▲ 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
-6.1%1-day move
₹253.00
prior close
₹242.50
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.4+1.4+1.4-6.1-11.0-6.6-1.9-0.4-2.4-10.7-15.8-22.5
Up moveDown movePending
AI summary

Desco Infratech Ltd has received a purchase order from KP Energy Ltd worth Rs. 1.92 crore for the supply and installation of underground cable materials and related execution works. The order is entirely domestic with no related party involvement. Separately, the company announced the successful completion of gasification and commissioning at Vizag Steel Plant under the Vizag Geographical Area project, executed in partnership with Indian Oil Corporation Limited (IOCL). This achievement highlights Desco's technical expertise in city gas distribution and industrial gas infrastructure projects.

Likely market impact

The Rs. 1.92 crore order adds to the company's order book, while the Vizag project completion with IOCL reinforces Desco's credibility in the CGD and industrial gas infrastructure space. Both developments are positive from an operational standpoint, though the order size appears modest relative to the company's scale.