Likhitha Infrastructure rose 2.21% to Rs 224.20 after receiving an order worth Rs 129.63 crore from GAIL (India) for the construction of a cross-country pipeline and associated facilities in Nagpur. The order includes pipeline laying and composite work for the MNJPL project’s PART-B. It will be carried out within 14 months of the funding opportunity announcement (FoA) or letter of intent being issued (LoI).
Likhitha Infrastructure is in the business of laying gas supply pipe lines and irrigation canals, as well as building bridges over the canals and performing related maintenance.