India's SEPC up on $51 mln order win from Jharkhand govt

Sepc

05/12/2023 04:10

** Shares of SEPC  SEPC.NS  up as much as 2.84% to 19.9 rupees
in early trading
    ** Construction engineering co on Monday said it won
contract worth 4.28 bln rupees ($51.3 mln) from Government of
Jharkhand
    ** Contract for construction of intake well; spread over 27
months plus 5 years of operation and maintenance
    ** SEPC is trading above its 50-, 100-, and 200-day simple
moving averages
    ** Stock last up 1.6%, extending YTD gains to near 90%

($1 = 83.3750 Indian rupees)

 (Reporting by Manvi Pant in Bengaluru)
 ((Manvi.Pant@thomsonreuters.com; +918447554364;))