SPML Infra surges on bagging project worth Rs 385 crore
SPML Infra is currently trading at Rs. 277.60, up by 3.10 points or 1.13% from its previous closing of Rs. 274.50 on the BSE.
The scrip opened at Rs. 279.95 and has touched a high and low of Rs. 289.95 and Rs. 275.30 respectively. So far 64010 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 306.00 on 25-Sep-2024 and a 52 week low of Rs. 137.00 on 18-Mar-2025.
Last one week high and low of the scrip stood at Rs. 289.95 and Rs. 231.10 respectively. The current market cap of the company is Rs. 2024.87 crore.
The promoters holding in the company stood at 35.21%, while Institutions and Non-Institutions held 15.54% and 49.25% respectively.
SPML Infra has secured a project worth Rs 385 crore for the Water Production & Supply System for Kekri-Sarwar Sector Package-III in Ajmer, Rajasthan. The project, awarded under the Government of India's flagship Jal Jeevan Mission, includes a comprehensive 10-year Operation and Maintenance (O&M) contract.
The Kekri Water Supply Scheme to be implemented under the Jal Jeevan Mission aims to upgrade and strengthen the water supply infrastructure for the Kekri-Sarwar region, while also enhancing the water production and distribution system in Ajmer district, drawing water from the Bisalpur Dam. This significant infrastructure development project will enhance water supply capabilities in the region and contribute to the Government's mission of ensuring safe drinking water for every household in the country.
SPML Infra is India’s leading infrastructure development company with focus on sustainable development for smart cities, promoting access to essential services to all (water, electricity, sanitation, and municipal solid waste management).
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