SPML Infra soars on securing order worth Rs 186.41 crore from POWERGRID
SPML Infra is currently trading at Rs. 138.55, up by 2.30 points or 1.69% from its previous closing of Rs. 136.25 on the BSE.
The scrip opened at Rs. 128.55 and has touched a high and low of Rs. 140.50 and Rs. 128.55 respectively. So far 1 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 234.95 on 06-May-2026 and a 52 week low of Rs. 123.90 on 30-Oct-2026.
Last one week high and low of the scrip stood at Rs. 140.50 and Rs. 123.90 respectively. The current market cap of the company is Rs. 1156.00 crore.
The promoters holding in the company stood at 40.52%, while Institutions and Non-Institutions held 15.18% and 44.30% respectively.
SPML Infra has secured a significant order worth Rs 186.41 crore from Power Grid Corporation of India (POWERGRID), a Maharatna Central Public Sector Enterprise, for the extension of the 765/400/220 kV Bhadla-III Substation and Ramgarh Pooling Station. The project, under 765 kV AIS Extension Substation Package SS-155T, involves the development and extension of high-capacity Extra High Voltage (EHV) transmission infrastructure, strengthening the power transmission network across one of India's key renewable energy corridors.
The package covers the extension of two extra-high-voltage substations forming part of the transmission system augmentation at Bhadla-III, Ramgarh PS and Kanpur. The scope of work comprises the extension of the 765/400/220 kV Ramgarh Pooling Station, including 2 numbers of 765/400 kV, 1500 MVA ICT bays, 2 numbers of 400/220 kV, 500 MVA ICT bays, 1 number of 400 kV line bay, and 2 numbers of 220 kV line bays; and the extension of the 765/400/220 kV Bhadla-III Substation, including the augmentation of 5 numbers of 400/220 kV, 500 MVA ICT bays, 3 numbers of 400 kV line bays, and 5 numbers of 220 kV line bays.
