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Likhitha Infrastructure surges on bagging order worth Rs 145.86 crore from Indradhanush Gas Grid

01 Sep 2021 Evaluate

Likhitha Infrastructure is currently trading at Rs. 398.70, up by 23.15 points or 6.16% from its previous closing of Rs. 375.55 on the BSE.

The scrip opened at Rs. 390.00 and has touched a high and low of Rs. 406.60 and Rs. 387.80 respectively. So far 16723 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 480.00 on 11-Jun-2021 and a 52 week low of Rs. 125.00 on 15-Oct-2020.

Last one week high and low of the scrip stood at Rs. 406.60 and Rs. 317.55 respectively. The current market cap of the company is Rs. 792.95 crore.

The promoters holding in the company stood at 74.11%, while Institutions and Non-Institutions held 0.09% and 25.80% respectively.

Likhitha Infrastructure has received order worth Rs 145.86 crore (excl. GST) from Indradhanush Gas Grid (IGGL) for laying & construction of Steel Gas pipeline and terminals along with associated facilities for section 5 & 9 of North-East Gas Grid (NEGG) Project.

The company has received various orders worth Rs 80 crore (approximately) (excl. GST) from Oil & Gas Distribution Companies during the period from June 2021 to till date for City Gas Distribution pipeline and related works. The value of total outstanding order book as on date i.e., August 31, 2021, is approximately Rs 1020 crore (excl. GST).

Likhitha Infrastructure is an oil and gas pipeline infrastructure service provider in India. The company is engaged in providing oil & gas pipelines, city gas distribution projects, Cross-Country Pipeline Projects, and operations and maintenance services as well.

Likhitha Infrastruct Share Price

217.60 0.10 (0.05%)
11-May-2026 15:15 View Price Chart
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