Likhitha Infrastructure secures orders worth Rs235cr; Stock surges 7%

The Company also received Rs169.47cr project for Cross-Country Pipeline laying and related works.

April 01, 2021 9:19 IST India Infoline News Service

Likhitha Infrastructure said it had received orders worth Rs234.85cr from various oil & gas distribution Companies during the March quarter 2021.

The Company informed that a contract of Rs34.63cr has been received from Indian Oil Adani Gas on 31st March, 2021 for laying Pipeline from Thrissur Geographical Area to Ernakulam Geographical Area.

The Company also received Rs169.47cr project for Cross-Country Pipeline laying and related works.

Further, the Company received the contract of Rs30.75cr for City Gas Distribution Pipeline and related works.

On Thursday trading session, Likhitha Infrastructure was trading at Rs342.35 up by Rs23 or 7.2% from its previous closing of Rs319.35 on Sensex.


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