SPML Infra shines on bagging new task orders well worth Rs 883 crore

SPML Infra shines on bagging new task orders well worth Rs 883 crore

by admin- Monday, March 18th, 2019 04:18:30 PM

SPML Infra is presently buying and selling at Rs. 34.35, up by way of three.45 factors or 11.17% from its preceding ultimate of Rs. 30.Ninety on the BSE.

The scrip opened at Rs. 33.00 and has touched a excessive and coffee of Rs. 34.35 and Rs. 33.00 respectively. So some distance 8770 stocks had been traded at the counter.

The BSE institution ‘B’ inventory of face fee Rs. 2 has touched a 52 week excessive of Rs. 124.00 on 11-May-2018 and a fifty two week low of Rs. 27.00 on 01-Mar-2019.

Last one week excessive and coffee of the scrip stood at Rs. 33.Eighty and Rs. 30.15 respectively. The modern market cap of the organization is Rs. A hundred twenty five.89 crore.

The promoters maintaining inside the organization stood at 38.20%, at the same time as Institutions and Non-Institutions held 21.46% and 40.34% respectively.

SPML Infra has acquired four new orders for water supply and irrigation tasks with blended cost of over Rs 883 crore from Gujarat, Manipur and Punjab.
The first and the most important single order acquired so far by using SPML Infra is worth Rs 723.87 crore for the Phase 3 of Saurashtra-Narmada Avtaran Irrigation (SAUNI Yojana), an bold venture initiated by using the Government of Gujarat.

The 2d order obtained in JV with Shristi Infrastructure Development is well worth Rs 103.60 crore for production of Water Distribution Network and 24×7 Domestic Water Supply along with Sewerage Management System and Storm Water Drainage Network for Ludhiana Smart City with 5 years of O&M.

The two orders of Rs 33.30 Crore and Rs 22.31 Crore were acquired for augmentation of Water Supply System in Senapati and Churachandpur districts in Manipur with the idea of promoting tourism below the North East Special Infrastructure Development Scheme (NESIDS).

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