Announced Wed, 5 Aug · 12:18 IST
SEPC bags Rs 854.57 Cr LOA from SAIL for Pellet Plant project
SEPC · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+10.3%1-day move
₹5.94
prior close
₹6.07
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.3+2.8+1.6+4.1+10.3+3.5+5.4+2.2+2.4-2.9————
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AI summary
SEPC Limited received a Letter of Acceptance from Steel Authority of India (SAIL) - IISCO Steel Plant, Burnpur for a domestic contract valued at Rs 854.57 Crores (Net of ITC). The scope covers Pellet Plant BOP including Civil and Structural works (Pellet Package-2) for the 4.08 MTPA Crude Steel Expansion Project. Execution period is 32 months from the effective date. SAIL is a central government PSU, making this a major public sector order for SEPC.
Likely market impact
Large Rs 854 Cr order from SAIL provides strong multi-year revenue visibility over 32 months and significantly boosts SEPC order book.