SEPC Limited receives order from L&T

The Board of directors of SEPC Limited took note of the first order, post implementation of Resolution plan received from Larsen & Toubro Ltd (construction division) for part implementation of its contract for Rehabilitation & improvement of Water Supply System for Zanzibar water Authority, Tanzania for a value of USD 5.6 million. The project is being funded by the EXIM Bank of India. The Company is also pursuing with Larsen & Toubro Ltd (Construction division) for further orders and the board had approved opening of a Branch Office in Tanzania to take care of the project activities.

Shares of SEPC Limited was last trading in BSE at Rs. 10.38 as compared to the previous close of Rs. 10.15. The total number of shares traded during the day was 313126 in over 924 trades.

The stock hit an intraday high of Rs. 10.94 and intraday low of 10.10. The net turnover during the day was Rs. 3305672.00.

Source : Equity Bulls

Keywords

SEPC INE964H01014 OrderWin