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SPML Infra bags order worth Rs 7.21 bn
Source: IRIS | 10 Mar, 2014, 12.11PM
Rating: NAN / 5 stars.
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SPML Infra has bagged two new orders worth Rs 7.21 billion from Bhavnagar Irrigation Project Division, Gujarat and from South Bihar Power Distribution Company, Patna.

The company bagged first order Rs 5.94 billion from Bhavnagar Irrigation Project Division, Gujarat for water supply infrastructure development.

While, Rs 1.27 billion order from South Bihar Power Distribution Company for strengthening, improvement and augmentation of electricity distribution system in 11 towns in Bihar.

Shares of the company gained Rs 3.15, or 9.95%, to trade at Rs 34.80. The total volume of shares traded was 1,088 at the BSE (11.53 a.m., Monday).

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