Shares of SEPC Ltd skyrocketed 11% on 18 September after the corporate introduced securing a Rs 442 crore order from the Water Sources Division in Delhi.
The order is for the Jamaniyan to Kakrait Gangajal Uvah Irrigation Scheme, underneath Kaimur district in relation to Pragati Yatra underneath Zamanian Pump Canal Division, Mohania.
The order is about to be accomplished in 24 months. The transaction represents over 20% of the corporate’s market capitalization of over Rs 2,500 crore.
SEPC obtained a Rs 650 crore Letter of Award (LoA) in June from Parmeshi Urja Ltd, a home renewable power agency, for a 133 megawatt (AC) solar energy venture over 26 areas in Maharashtra. The venture will embody 4 districts.
SEPC gives complete engineering companies for infrastructure areas corresponding to renewable power, water, and waste therapy.
At 12:24 pm, the shares of SEPC have been buying and selling 8.84% increased at Rs 13.17 on NSE.
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