We hereby inform the Exchange of the Press release titled 'SEPC Limited wins Rs. 230 Crore Turnkey Mining Infrastrcuture Order from MOIL Limited'. Detailed letter is enclosed.
SEPC · price
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Awaiting price reaction for this filing.
SEPC Limited has announced winning a turnkey mining infrastructure order worth Rs. 230 Crore from MOIL Limited, a Government of India undertaking under the Ministry of Steel engaged in manganese ore mining. The project is a turnkey contract, meaning SEPC will handle end-to-end execution of the mining infrastructure work. This order strengthens SEPC's presence in the mining and infrastructure segment and adds to its order book. The win from a public sector client is being highlighted by the company as a notable business development.
Positive for shareholders — this sizeable order improves revenue visibility and order book strength. However, the stock reaction will depend on SEPC's overall revenue base, execution timelines, and margin profile for mining infrastructure contracts.