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2025-08-06 12:21:26 pm | Source: Accord Fintech
Repono surges on winning two contracts worth over Rs 10 crore
Repono surges on winning two contracts worth over Rs 10 crore

Repono is currently trading at Rs. 95.00, up by 3.56 points or 3.89% from its previous closing of Rs. 91.44 on the BSE.

The scrip opened at Rs. 96.01 and has touched a high and low of Rs. 96.01 and Rs. 88.00 respectively. So far 177600 shares were traded on the counter.

The BSE group 'MT' stock of face value Rs. 10 has touched a 52 week high of Rs. 96.01 on 06-Aug-2025 and a 52 week low of Rs. 82.74 on 05-Aug-2025.

Last one week high and low of the scrip stood at Rs. 96.01 and Rs. 82.74 respectively. The current market cap of the company is Rs. 97.65 crore.

The promoters holding in the company stood at 72.47%, while Institutions and Non-Institutions held 11.25% and 16.28% respectively.

Repono has won two significant contract developments post its recent successful listing on the BSE SME platform, collectively valued at over Rs 10 crore. In a significant development, Repono has been declared the Lowest (L1) Bidder and has received the work order for the Operations & Maintenance of the Water Injection Plant at Oil India’s Enhanced Oil Recovery (EOR) unit. The contract, valued at Rs 5.2 crore, is expected to commence in September 2025, following the completion of initial mobilization and related formalities.

In another development, Repono has commenced end-to-end Material Handling Services at the prestigious MRPL Refinery in Mangalore in July 2025. The Rs 4.92 crore contract encompasses integrated material movement across MRPL’s warehouses, yards, and sheds. This engagement marks a key expansion into one of India’s most strategically important refining zones, reinforcing Repono’s position as a trusted partner in critical infrastructure operations.

The win reflects Repono’s proven capabilities in managing mission-critical upstream infrastructure, where precision, uptime, and technical competence are paramount. It also highlights the company’s ability to deliver reliable O&M solutions in high-pressure environments, aligned with the stringent standards of leading oil sector PSUs.  

Repono is a specialized service provider offering 360-degree warehousing and liquid terminal solutions to India’s oil and petrochemical sector. Its services span consultancy, engineering, operations and maintenance (O&M), and value-added services, catering to top public and private sector enterprises.

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