Published on 8/03/2017 12:02:28 PM | Source: Dion Global Solutions Ltd.

SPML Infra zooms 7% on order win worth Rs 250 cr

Posted in Stock On The Move | #Infrastructure Sector #Stock On The Move #SPML Infra Ltd.

Shares of SPML Infra soared over 7 per cent on the Bombay Stock Exchange after it secured new orders worth of Rs 250 crore for power transmission and distribution in West Bengal and Haryana. "SPML Infra has received new orders worth Rs 250 crore for power transmission and distribution projects in West Bengal (WB) and Haryana” the company said in a filing to the Bombay Stock Exchange.

Boosted by the development, shares of company gained as much as 7.10 per cent at Rs 63.30 apiece on the Bombay Stock Exchange. In a similar fashion, stocks of company rose 7.46 per cent to Rs 64.40 apiece on the National Stock Exchange. Meanwhile, the broader benchmark BSE Sensex was trading at 28,829.85, down 169.71 points, or 0.59 per cent, at 11:50 hours.