India's SPML Infra jumps as joint venture wins order

SPML Infra

08/12/2025 08:46

** Shares of SPML Infra SPML.NS rise as much as 9.7% to 205.5 rupees; stock currently up 3.5%

** Infrastructure co's JV with Shree Hari Infraprojects gets 2.07 billion rupee ($22.96 million) order from Public Health Engineering Department in the western state of Rajasthan

** Order to strengthen water supply infrastructure across Kota & Bundi region in Rajasthan under the Jal Jeevan Mission

** More than 10.5 million shares change hands, almost 7x their 30-day avg

** YTD, stock down 24.64%

($1 = 90.1640 Indian rupees)

 (Reporting by Mridula Kumar in Bengaluru)

 ((Mridula.Kumar@thomsonreuters.com;))