SPML Infra Ltd received order under various JVs arrangements

The Finance Committee of the Board of Directors of SPML Infra Ltd. at their meeting held on 30th January, 2021 noted that till date, Company had received orders from various Government Agencies under JV Arrangements where SPML's Share is Rs. 316.91 Crore. The Projects are to be executed in the district of Uttar Pradesh namely Patyora Danda, Kota Mustakil group of villages, Haraulipur group of villages and Lagon group of Villages.

SPML has also under JV Arrangements received the LOA for the rural water supply in Uttar Pradesh mainly for the district Kasgunj, Badaun, Pilibhit, Amroha, Rarnpur and Sambhal where the Company share will be approx. Rs. 186.00 crore. However, the specific value will be known at the time of agreement, after preparation and approval of DPR for the Projects.

Shares of SPML Infra Limited was last trading in BSE at Rs.14.5 as compared to the previous close of Rs. 13.89. The total number of shares traded during the day was 315 in over 3 trades.

The stock hit an intraday high of Rs. 14.58 and intraday low of 14.3. The net turnover during the day was Rs. 4558.

Source : Equity Bulls

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