SEPC executes agreement with ROSHN Group Company, Riyadh

SEPC has executed a Framework Agreement with M/s ROSHN Group Company, Riyadh, Kingdom of Saudi Arabia (KSA) to carry out infrastructure works in KSA. SEPC has bid for infrastructure works in 3 zones of Jeddah North, Phase 1A for about SAR 893 million (approx. INR 2200 crores). Based on signing of Framework Agreement, orders (Called - Call-off Orders) can be expected for a minimum of one zone, out of the three Zones.

Shares of Shriram EPC Limited was last trading in BSE at Rs. 16.39 as compared to the previous close of Rs. 15.38. The total number of shares traded during the day was 8774885 in over 18382 trades.

The stock hit an intraday high of Rs. 17.45 and intraday low of 15.65. The net turnover during the day was Rs. 145735897.00.

Source : Equity Bulls

Keywords

SEPC INE964H01014 Agreement ROSHNGroupCompany Riyadh