Whalesbook
Desco Infratech Limited announced on Tuesday it has secured multiple domestic infrastructure contracts valued at approximately ₹5.37 crore, inclusive of Goods and Services Tax (GST).
Contract Details
These new orders involve specialized work for significant energy sector players across India. Desco will undertake PE PNG (pipeline laying and installation for Petroleum and Natural Gas) works in Faridabad and Palwal for Adani Total Gas Limited. Additionally, the company secured Operations & Maintenance (O&M) services for Bharat Petroleum Corporation Limited (BPCL) in the Hanumangarh district of Rajasthan.
Further support services will be provided for Maharashtra Natural Gas Limited's (MNGL) PNG network within the PCMC areas of Pune, specifically covering Wakad and Talegaon. These agreements highlight Desco's active participation in the City Gas Distribution (CGD) sector, encompassing both construction and ongoing maintenance of energy infrastructure.
Order Book Strength
These new awards contribute to Desco Infratech's already robust order book, which stood at ₹345 crore as of September 30, 2025. The company, established in January 2011, specializes in Engineering, Planning, and Construction (EPC) services for CGD, renewable energy, water, and power infrastructure.
The firm's market capitalization exceeds ₹140 crore. While its stock saw a minor dip of 2.03% to ₹186.15 on Tuesday, the shares have demonstrated resilience, trading up 16.34% from their 52-week low of ₹160. Trading volume on the BSE saw a notable two-fold increase.