SEPC bags ₹673 Cr SAIL expansion order for IISCO Steel Plant

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SEPC · price

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Price reaction · full curve 14 horizons · vs prior close

+2.4%1-day move

₹6.94

prior close

₹7.63

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AI summary

SEPC has won a ₹673.32 Crore order from Steel Authority of India (SAIL) for the 4.08 MTPA Crude Steel Expansion Project at IISCO Steel Plant, Burnpur. Scope includes Coke Oven BOP (₹296.77 Cr) and Sinter Plant BOP (₹376.56 Cr) packages, to be executed over 30-33 months. The order equals ~62% of FY26 revenue (₹1,085.8 Cr), significantly boosting SEPC's order book and long-term revenue visibility in industrial EPC.

Likely market impact

Major order (~62% of FY26 revenue) from government PSU SAIL strengthens order book and multi-year revenue visibility. Positive for stock.