Desco Infratech Ltd

Desco Infratech Ltd. is up 3.55% to Rs 186.7 today, building on recent momentum and showing a 15.78% increase over the last one week. Desco Infratech Limited announced it has received a Letter of Intent (LOI) from Sabarmati Gas Ltd, a joint venture of GSPC & BPCL, for Rs 5,861,642.45, inclusive of GST, to lay, install, test, and commission a 4” diameter steel gas pipeline in Aravalli GA, Gujarat, for Balaji Wafers Pvt. Ltd. The LOI was received on September 17, 2026, and falls under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Trading volume totaled 24000 shares today, a decrease of 15.79% from the one-week average volume. Desco Infratech Ltd registered a decline of 20.72% year-over-year, underperforming the 8.01% loss seen in the NIFTY50 index.

DESCO INFRATECH LIMITED announced it has entered into a Memorandum of Understanding (MoU) with DenEB Air Gases Private Limited for strategic collaboration in the LNG, LCNG and CNG infrastructure sectors to jointly pursue and execute engineering, procurement, and construction (EPC) opportunities, as disclosed on September 16, 2026.

Desco Infratech Limited clarified that the board approved Rs 30 crore for loans, guarantees, or securities, correcting a typographical error in a previous disclosure that stated Rs 50 crore. The company also approved several other items at a board meeting on September 5, 2026, including the director’s report, appointment of a scrutinizer for the annual general meeting, and a proposal to increase borrowing powers from Rs 50 crore to Rs 150 crore, subject to shareholder approval. Additionally, the board approved related-party transactions with Desco Bio Green Private Limited and Shri Green Agro Energies Private Limited, both valued up to Rs 30 crore per financial year.

Desco Infratech Ltd. is up 1.42% to Rs 157.2 today, though the stock has declined 7.09% over the last one week. Desco Infratech Limited announced it has received a Letter of Acceptance from Indian Oil Corporation Limited for a project involving “Execution of Last Mile Connectivity (LMC) / GI Installation & Direct Marketing Agency (DMA) Works in Vizag GA” in Andhra Pradesh, amounting to Rs 30,290,271. The order, awarded domestically, is for empanelment of contractors under a Zonal Rate Contract and includes GST, with the project's execution timeframe and specific terms outlined in the contract. Trading volume reached 10000 shares today, a marginal increase of 5.26% compared to the one-week average volume. Desco Infratech Ltd plunged by 35.77% year-over-year, underperforming the 4.59% loss recorded by the NIFTY50 index.

Desco Infratech Limited approved a Rs 150 crore increase to its borrowing powers and a Rs 150 crore increase to the authority for selling or disposing of its undertakings at a board meeting held on September 5, 2026, both subject to shareholder approval. The company also approved related party transactions with Desco Bio Green Private Limited and Shri Green Agro Energies Private Limited, for services up to an aggregate value not exceeding Rs 30 crore per financial year, and recommended the re-appointment of Pankaj Pruthu Desai as Managing Director.

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.

The order involves MDPE pipeline laying and last-mile connectivity (LMC) activities, including domestic, commercial and industrial gas connections in Faridabad. The contract has been awarded by a domestic entity and will be executed as per the terms of the agreement. Desco Infratech said neither its promoters nor promoter group companies have any interest in the awarding entity, and the order does not fall under related-party transactions. Desco Infratech is an infrastructure company focused on engineering, planning, & construction, particularly in city gas distribution, renewable energy, water, and power sectors. The company's consolidated net profit rose 75.34% to Rs 10.17 crore while revenue from operations surged 108.01% to Rs 76.57 crore in Q4 FY26 over Q4 FY25. Adani Total Gas operates in 34 geographical areas in India and is involved in expanding the use of natural gas in the country's energy mix. The company also has a 50:50 joint venture with Indian Oil Corporation, Indian Oil-Adani Gas, which operates 19 additional geographical areas. In addition, Adani Total Gas has subsidiaries for e-mobility and biomass businesses and a joint venture for gas meter manufacturing. The company reported 4.3% rise in standalone net profit to Rs 155.84 crore on 15.9% increase in revenue from operations (exlcuding excise duty) to Rs 1,548.58 crore in Q4 FY26 over Q4 FY25. The scrip shed 0.49% to Rs 715.80 on the BSE. Powered by Capital Market - Live

Desco Infratech has received a Letter of Intent (LOI) from Sabarmati Gas (a joint venture of GSPC & BPCL) for execution of a work order to amounting to Rs.15.06 crore. The order entails laying, installation, testing and commissioning of 4', 6' & 8' dia. steel gas pipeline for connectivity.

The order follows the company's earlier disclosure on 18 May 2026, wherein it had informed exchanges that it emerged as the L1 bidder for the project. The contract involves laying, installation, testing and commissioning of 4-inch, 6-inch and 8-inch diameter steel gas pipelines for FDODO CNG station connectivity. Sabarmati Gas, a joint venture between GSPC and BPCL, awarded the contract. The total contract value stands at Rs 15.06 crore. The company said the order is domestic in nature and will be executed as per the terms of the contract. Desco Infratech is an infrastructure company focused on engineering, planning, & construction, particularly in city gas distribution, renewable energy, water, and power sectors. The company's consolidated net profit rose 75.34% to Rs 10.17 crore while revenue from operations surged 108.01% to Rs 76.57 crore in Q4 FY26 over Q4 FY25. Powered by Capital Market - Live

Desco Infratech will hold a meeting of the Board of Directors of the Company on 4 May 2026.