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SPML Infra trades jubilantly on bagging new orders worth Rs 812.49 crore

15 Feb 2016 Evaluate

SPML Infra is currently trading at Rs. 62.00, up by 6.70 points or 12.12% from its previous closing of Rs. 55.30 on the BSE.

The scrip opened at Rs. 60.00 and has touched a high and low of Rs. 65.00 and Rs. 56.05 respectively. So far 8700 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 93.35 on 13-Feb-2015 and a 52 week low of Rs. 52.10 on 12-Feb-2016.

Last one week high and low of the scrip stood at Rs. 69.00 and Rs. 52.10 respectively. The current market cap of the company is Rs. 209.27 crore.

The promoters holding in the company stood at 59.69% while Institutions and Non-Institutions held 0.04% and 40.27 respectively.

SPML Infra has received two major new orders for drinking water supply worth Rs 812.49 crore from the state of Rajasthan and Telangana. The order of Rs 549.87 crore has been received from Rural Water Supply and Sanitation Department, Government of Telangana for providing drinking water facility to the habitations in Manthani–Bhupalapallysegment (under Karimnagar and Warrangal district) including operation and maintenance for 10 years. The project is initiated under the scheme to provide safe, adequate, permanent, sustainable and secured drinking water supply system through the Telangana Drinking Water Supply Project for covering Rural, Urban and Industrial areas by year 2018 as per with National Rural Drinking Water Supply Guidelines.

The company will be executing this project in joint venture with Megha Engineering and Infrastructure. The scope of work includes 32 MLD water treatment plant, 11370 KL ground level water reservoir, 1400 KL overhead service reservoir, 1341 kilometers water supply pipeline of DI, MS, HDPE pipesof65-900 mm diameters.

Besides, another order of Rs 262.62 crore is received from PHED, Bharatpur, Rajasthan for providing drinking water supply to 97 villages of Mallah, Deeg, Kumher, Kaman, Pahari, Nagar under Chambal Dholpur Bharatpur Project. The scope of work include installation of 2 pumping stations, construction of 14 overhead service reservoirs, 4 clear water reservoirs with combined capacity of 21080 KL, 700kilometers of water pipeline of DI, MS, GRP and HDPE pipes of 63-1000 mm diameters with 10 years of operation and maintenance.

SPML Infra is a single source solution provider for various multi disciplinary engineering and infrastructure services from conceptualization to maintenance in water, power, environment and infrastructure projects.

 

SPML Infra Share Price

211.20 14.75 (7.51%)
17-Apr-2026 16:59 View Price Chart
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