Bengaluru, Oct. 28 -- The shares of this civil construction company gained up to 4 percent in today's morning session after the company declared the successful lower bidder for the tenders worth Rs 26 crore.

With a market capitalization of Rs 214.93 crore, the shares of Desco Infratech Ltd were trading at Rs 280.00 per share, increasing around 2.78 percent as compared to the previous closing price of Rs 272.90 apiece.

Significant order

The shares of Desco Infratech Ltd have seen positive movement after being declared the successful lower bidder for the tenders of Bharat Petroleum Corporation Limited (BPCL), Gujarat Gas Limited, Maharashtra Natural Gas Limited, and Avantika Gas Limited. This tender is valued at Rs 26 crore. The formal L...