SPML Infra advances on completing installation of 500 MVA Autotransformer at Mainpuri

30 Aug 2017

SPML Infra is currently trading at Rs. 158.00, up by 4.60 points or 3.00% from its previous closing of Rs. 153.40 on the BSE.

The scrip opened at Rs. 162.00 and has touched a high and low of Rs. 162.00 and Rs. 158.00 respectively. So far 6,671 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 186.00 on 24-Jul-2017 and a 52 week low of Rs. 48.70 on 22-Nov-2016.

Last one week high and low of the scrip stood at Rs. 168.50 and Rs. 149.35 respectively. The current market cap of the company is Rs. 579.07 crore.

The promoters holding in the company stood at 59.65%, while Institutions and Non-Institutions held 0.04% and 40.32% respectively.

SPML Infra has completed installation of 500 MVA Autotransformer at Mainpuri in state of Uttar Pradesh. This is the first single-phase autotransformers installed by the company.

The company is executing the power augmentation project in Mainpuri  with design, engineering, supply, erection and commissioning of 1x500 MVA, 400/220/33 Kv autotransformer for the extension of 400/220 Kv substation. This is among the highest rating in India for this type of transformer that will be used in a high-voltage AC transmission system to efficiently transmit power.

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.

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