Solar penny stock below Rs 20 in green after bagging order worth Rs 650,00,00,000 from Parmeshi Urja Limited
From Rs 11.15 (52-week low) to Rs 13.78 per share; the stock is up 23.6 per cent and gave multibagger returns of over 300 per cent in 5 years.
On Wednesday, shares of SEPC Ltd gained 3.77 per cent to Rs 13.78 per share from its previous closing of Rs 13.28 per share. The stock’s 52-week high is Rs 31.59 per share and its 52-week low is Rs 11.15 per share. The shares of the company saw a spurt in volume by more than 5 times on the BSE.
SEPC Limited announced on June 10, 2025, that it has received a Letter of Award from Parmeshi Urja Limited, Kolkata, for an Engineering, Procurement, and Construction (EPC) contract. This significant domestic order is for a 133 MW AC Solar Power Project, which will be developed across 26 locations in four districts within Maharashtra, India. The total consideration for this comprehensive project is Rs. 650 Crores. The specific timeline for the project's execution and delivery will be mutually agreed upon at the kick-off meetings to be held at each of the project locations.
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About the Company
Shriram EPC Ltd (SPEC) is a leading service provider of integrated design, engineering, procurement, construction, and project management services for water and wastewater treatment plants, water infrastructure, process and metallurgy plants, power plants, and mines and mineral processing. Domestic Institutional Investors (DIIs) own a 25.16 per cent stake in the company and the majority of DIIs are Punjab National Bank (PNB), Central Bank of India, The South Indian Bank, Axis Bank, Bank of India (BOI), IndusInd Bank, Union Bank of India (UBOI), Bank of Baroda (BOB) and The Federal Bank Ltd.
SPEC has a market cap of over Rs 2,600 crore. From Rs 11.15 (52-week low) to Rs 13.78 per share; the stock is up 23.6 per cent and gave multibagger returns of over 300 per cent in 5 years.
Disclaimer: The article is for informational purposes only and not investment advice.