SPML Infra stock rises 10% after ₹207 cr order win
pre-market1 source ↓written by the desknot a recommendation
- order
- ₹207 crore
- residents
- 10 lakh
- The stock surged
- 9.8%
- ₹205.50
- decline
- 10.8%
SPML Infra’s joint venture with Shree Hari Infraprojects secured a ₹207 crore order from the Public Health Engineering Department in Rajasthan. This project aims to enhance water supply for 10 lakh residents in the Kota-Bundi region.
The stock surged 9.8% to ₹205.50, reflecting positive market sentiment despite a 10.8% decline over the past year. This significant contract may bolster investor confidence in SPML Infra’s growth prospects.
Not investment advice. For informational purposes only.