India's SPML Infra at six-month high on 11 billion rupee order win

SPML Infra

06/05/2026 07:58

** Shares of SPML Infra SPML.NS rise 9.8% to 234.8 rupees, their highest since November 2025

** Infrastructure firm wins 11.28 billion rupees ($118.6 million) 1 GWh battery energy storage project from NTPC NTPC.NS

** Project to be executed over 18 months followed by 15 years of operation and maintenance

** Over 2.7 mln shares traded, 4.5x the 30-day avg

** Stock down 26% YTD

($1 = 95.1350 Indian rupees)

 (Reporting by Aleef Jahan in Bengaluru)

 ((aleefjahan.cs@thomsonreuters.com))