14-Aug-2026      15:07

Desco Infratech jumps 3.32% after securing Rs 21.42 crore purchase orders from Adani Total Gas and KP Energy

Desco Infratech Ltd. is up 3.32% to Rs 182.2 today, although the stock has declined recently, slipping 0.71% over the last one week. Desco Infratech Limited announced it has received purchase orders/service orders totaling Rs 21,424,092 from KP Energy Limited, Adani Total Gas Limited, and Maharashtra Natural Gas Limited. The orders, received on August 14, 2026, encompass supply & installation works for KPI-GUVNL Solar Project – Phase II, MDPE Pipeline and Last Mile Connectivity (LMC) works in Haryana, and laying of underground PE pipeline for MNGL’s CGD Network in Nizamabad, with the work to be executed as per the terms of the respective contracts. Trading volume totaled 13500 shares today, a decrease of 18.18% from the one-week average volume. Desco Infratech Ltd plunged by 31.12% year-over-year, underperforming the NIFTY50 index's 0.91% loss.

News source: Capital Market - Live News