This Smallcap stock under Rs. 15 is in focus as it jumped by 9.50 percent following its reporting of receiving a work order worth Rs. 650 Crore from 26 different locations for an EPC Solar Power Project.
With a market capitalisation of Rs. 2,720 Crore, the stock of SEPC opened at Rs. 15.09, up 9.50 percent from yesterday’s close. The opening for the stock is also the day’s high for it. Additionally, the Yearly return for the stock is -30 percent, and the past 5-year return is 100 percent.
Order Update
SEPC Limited has announced receiving a Letter of Award (LOA) from Parmeshi Urja Limited, Kolkata, for the EPC (Engineering, Procurement & Construction) of a 133 MW AC solar power project. The project will span 26 locations across four districts in Maharashtra. The contract, valued at Rs. 650 Crores, was awarded by a domestic entity.
The execution timeline will be finalised during kick-off meetings at each site location. The company further clarified that this is not a related party transaction, and no promoter group interest is involved. This significant order is expected to enhance SEPC’s position in the renewable energy EPC segment.
SEPC Limited, formerly known as Shriram EPC Limited, was incorporated in 2,000 with its headquarters to provide high-end engineering services for EPC & Turnkey solutions. Their business includes sectors like water Infrastructure, process & Metallurgy, Mining and mineral processing, and the power sector.
The company reported a 20.27 percent YoY decrease in revenue from Rs. 148 Crore in Q4FY24 to Rs. 118 Crore in Q4FY25. On a QoQ basis, the company reported a decrease of 11.27 percent in revenue from Rs. 133 Crore in the previous quarter.
Their Net profit saw an increase of 42.85 percent YoY from Rs. 7 Crore to Rs. 10 Crore for the same period. On a QoQ basis, the company reported an increase of 150 percent in Net profit from Rs. 4 Crore in the previous quarter
Written By Abhishek Das
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