Shriram EPC bags multiple orders worth Rs 165 cr - Indian Stock Market Tips|Commodity Market Tips|Equity Trading Tips

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Friday, 23 June 2017

Shriram EPC bags multiple orders worth Rs 165 cr

Shriram EPC Limited (SEPC), one of the leading service providers of integrated design, engineering, procurement, services has that it has won multiple orders under its water management business amounting to Rs. 165 crore. “The first order amounting to Rs. 83.37 crore from City Corporation Davanagere, involves designing, building and improving bulk water supply for 24X7 water supply to Davanagere city and O& M of the Bulk Water Supply Scheme for 3 months.

The ADB funded project is to be executed over a period of 30 months with 3 months for O&M. The second order amounting to Rs. 82.56 crore from Tamil Nadu Water Supply & Drainage Board (TWAD Board) entails implementation of Water supply scheme in Hosur,” the company said in a filing to the Bombay Stock Exchange. Meanwhile, shares of the company were trading at Rs 26 apiece, up 9.01 per cent from the previous close at 09:30 hours on BSE.

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