SPML Infra zooms on securing order worth Rs 324.91 crore

11 Jul 2012

SPML Infra is currently trading at Rs. 86.00, up by 4.10 points or 5.01% from its previous closing of Rs. 81.90 on the BSE.

The scrip opened at Rs. 82.00 and has touched a high and low of Rs. 87.75 and Rs. 81.90 respectively. So far 24817 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 189.70 on 29-Jul-2011 and a 52 week low of Rs. 60.45 on 15-May-2012.

Last one week high and low of the scrip stood at Rs. 89.60 and Rs. 74.00 respectively. The current market cap of the company is Rs. 317.02 crore.

The promoters holding in the company stood at 58.55 % while Institutions and Non-Institutions held 8.71 % and 32.74 % respectively.

SPML Infra has secured orders worth Rs 324.91 crore for execution of work for construction of cluster distribution network, IEC activities, pump houses, clear water reservoirs, overhead services reservoirs, 33KV switchyards and village distribution net work under package-III of Nagpur Lift Project, phase-I with operation and maintenance of complete system for 10 years on Single Point responsibility turnkey basis from the office of the additional chief engineer, public health engineering department, Ajmer, Government of Rajasthan.

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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