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SPML Infra Limited jumps 1.02% after securing Rs 186.41 crore order from Power Grid Corporation

04-Nov-26 09:40 Hrs IST

SPML Infra Ltd. is currently trading at Rs 137.1, up 1.02%, while the stock has risen 3.25% over the last week.

SPML Infra Limited has secured an order worth Rs 186.41 crore from Power Grid Corporation of India Limited (POWERGRID) for the extension of the 765/400/220 kV Bhadla-III Substation and Ramgarh Pooling Station. The order, a significant development for the company, involves EPC work for augmentation at Bhadla-III, Ramgarh PS and Kanpur, with an execution period of 27 months from the date of Letter of Award. The total consideration for the order is approximately Rs 186.41 crore (excluding GST), and no promoter or group companies have any interest in POWERGRID, nor does the order constitute a related party transaction.

SPML Infra Ltd. shares saw a trading volume of 3222 today, a decrease of 97.73% from the average volume over the last one week. SPML Infra Ltd. plunged by 41.21% year-over-year, underperforming the 7.58% loss recorded by the NIFTY50 index.

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