Likhitha Infrastructure bags order worth Rs305 crore; Stock rises

4 Nov 2022 , 09:37 AM

Likhitha Infrastructure Limited has informed to the exchanges regarding receipt of order worth Rs305 crore from Numaligarh Refinery Limited.

As per the filing, the company received work order for Laying of Cross- Country Pipeline along with associated facilities. The order is of Rs305 crore (excluding GST) from Numaligarh Refinery Limited, a public sector undertaking.

Further, the project is domestic in nature and time period by which the order is to be executed is within 20 months from the date of LoI, the company said.

At around 9:38 AM, Likhitha Infrastructure Ltd is currently trading at Rs393 per share up by Rs1.95 or 0.5% from its previous closing of Rs391.05 per share on the BSE.

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