SPML Infra trades jubilantly on securing orders worth Rs 488 crore

22 May 2013

SPML Infra is currently trading at Rs. 43.65, up by 2.05 points or 4.93% from its previous closing of Rs. 41.60 on the BSE.

The scrip opened at Rs. 44.15 and has touched a high and low of Rs. 47.55 and Rs. 40.55 respectively. So far 6787 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 89.60 on 09-Jul-2012 and a 52 week low of Rs. 40.05 on 09-Apr-2013.

Last one week high and low of the scrip stood at Rs. 52.70 and Rs. 41.20 respectively. The current market cap of the company is Rs. 162.73 crore.

The promoters holding in the company stood at 59.53% while Institutions and Non-Institutions held 8.58% and 31.89% respectively.

SPML Infra, one of India’s leading infrastructure development company has won Rs 396 crores order from PHED, Jaipur. This is an extension of existing earlier order of water infrastructure development work in Ratangarh-Sujangarh & Fatehpur-Laxmangarh in Churu district of Rajasthan.

The second order of Rs 92 crores has also been received from PHED, Jaipur, which is for development of water supply system for 92 villages along with other habitations of tehsil Laxmangarh of Sikar district in 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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