Mumbai, November 26 (Udaipur Kiran): Shares of Desco Infratech were trading higher on the BSE after the company emerged as the successful bidder for a key project of Bharat Petroleum Corporation Limited (BPCL) in Odisha. The stock was trading at Rs. 207.00, up by 1.85 points or 0.90 per cent from its previous close of Rs. 205.15.
The scrip opened at Rs. 205.15 and moved between a high of Rs. 207.00 and a low of Rs. 204.00 during the session. A total of 5,000 shares were traded on the counter so far.
The BSE Group ‘M’ stock, with a face value of Rs. 10, touched its 52-week high of Rs. 293.65 on October 28, 2025, and a 52-week low of Rs. 160.00 on April 1, 2025. Over the past one week, the stock moved between Rs. 190.90 and Rs. 220.00. The company’s current market capitalisation stands at Rs. 158.89 crore.
Promoters hold 58.12 per cent stake in the company, while institutional investors and non-institutional investors hold 3.22 per cent and 38.67 per cent respectively.
Desco Infratech has been declared the successful bidder for the Last Mile Connectivity (LMC) and associated works, along with DMA and related works for City Gas Distribution projects of BPCL in four geographical areas in the state of Odisha. The aggregate value of the tenders is a minimum of Rs 7 crore, inclusive of GST.
With this development, the company has entered a new geographical region in eastern India, strengthening its operational presence.
Desco Infratech is primarily engaged in providing infrastructure and maintenance services to city gas distribution divisions in India.
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.
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