Shares of SEPC Limited surged 9.34% to ₹13.23 in Thursday’s trade after the company announced a major order win. The stock opened higher and maintained momentum compared to its previous close of ₹12.10, reflecting strong investor sentiment following the development.
The company confirmed that it has secured a ₹442.79 crore work allocation order for the Jamaniyan to Kakrait Gangajal Uvah Irrigation Scheme from the Generation, Water Resources Department in Delhi.
The project, located in Kaimur district under the Zamanian Pump Canal Division, Mohania, falls under the Pragati Yatra initiative and involves key water supply infrastructure works. SEPC said the contract will be executed within 24 months, further strengthening its credentials in water and irrigation projects.
The company also clarified that the order was awarded by a domestic entity, with no related-party involvement. Promoter and group companies hold no interest in the awarding body.
This new contract enhances SEPC’s order book visibility, reinforcing its position in the infrastructure and water management sector and boosting investor confidence.
