Likhita Infrastructure Receives Rs. 1.2bn Contract From Oil India

Likhitha Infrastructure Limited has announced that it has received an order worth Rs. 1.2104 billion (including GST) from Oil India Limited for coating refurbishment and associated works under the Pipeline Rehabilitation Project Phase-II in Assam.

Likhitha Infrastructure Limited has a total market capitalization of Rs. 7.3345 billion, according to data on the NSE. Likhitha Infrastructure shares were trading at Rs. 186 apiece on the National Stock Exchange, down by 4.96 percent; the stock has declined around 10.52 percent over the last five sessions, while it has gone down about 16.08 percent in the 30 days.

Over a six-month period, the stock has given a negative return of 2.59 percent, whereas on a year on year basis it has declined nearly 35.94 percent, reflecting negative overall performance.