Likhitha Infrastructure Ltd Share Price

Summary

Likhitha Infrastructure Limited was incorporated in India in 1998 as a Private Limited Company. The Company got converted into a Public Limited Company and changed the name from Likhitha Infrastructure Private Limited to Likhitha Infrastructure Limited . The Company is engaged in the business of laying gas supply pipe lines and irrigation canals, building bridges over the canals and related maintenance works. The Companys operations include three principal business lines namely, Cross Country Pipelines and associated facilities, City Gas Distribution including CNG stations and Operation & Maintenance of CNG/PNG services. During the FY2018,the company has allotted 3500000 equity shares of Rs 10 each as bonus shares to the shareholders of the company in the ratio of 3.5:1.During the FY2020,the operations slightly got affected during the months of February and March due to Covid-19 impacting the works at on-going projects and initiation of new projects. The operations at on-going projects have been commenced at a slow phase after the lock-down, except at few projects due to severity of Covid-19 in those areas. It would take some time to bring back the total manpower as people have various apprehensions of the situation. There was all-round lock-down imposed by the Government of India on pandemic situation due to COVID-19 which impacted the operations for the months of March, April and May 2020. Thereafter, operations of the projects have started in slow phase.The Company is pres
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