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Desco Infratech rises on completing UG Power Infrastructure Project for KP Group

The project was completed within the targeted execution schedule

Desco Infratech is currently trading at Rs. 244.25, up by 0.75 points or 0.31% from its previous closing of Rs. 243.50 on the BSE.

The scrip opened at Rs. 249.40 and has touched a high and low of Rs. 250.00 and Rs. 244.00 respectively. So far 53000 shares were traded on the counter.

The BSE group 'MT' stock of face value Rs. 10 has touched a 52 week high of Rs. 293.65 on 28-Oct-2025 and a 52 week low of Rs. 122.00 on 20-Mar-2026.

Last one week high and low of the scrip stood at Rs. 254.00 and Rs. 225.50 respectively. The current market cap of the company is Rs. 188.83 crore.

The promoters holding in the company stood at 58.31%, while Institutions and Non-Institutions held 2.20% and 39.49% respectively.

Desco Infratech has successfully completed and commissioned a major Underground (UG) Power Infrastructure Project awarded by a Company belonging to KP Group, marking another significant achievement in the Company’s fast-growing infrastructure execution journey.

The project, executed at Hansot, Gujarat, involved comprehensive underground power infrastructure development including HDD-based cable laying, installation of HDPE pipes, cable jointing works, OFC cable laying, testing, commissioning, and allied infrastructure activities.

As certified by the Group Company through the issued Work Completion Certificate, Desco Infratech successfully completed cable laying and commissioning for approximately 9,150 meters, demonstrating the Company’s robust engineering expertise, efficient execution model, and capability to undertake technically demanding infrastructure projects.

The project was completed within the targeted execution schedule while maintaining stringent quality, operational, and safety standards, further strengthening the Company’s reputation for timely delivery and reliable project execution.

Desco Infratech is mainly engaged in providing infrastructure and maintenance services to city gas distribution divisions in India.