Asia
SEPC Wins INR6.73 Billion Order for Burnpur Steel Expansion; Shares Jump 7%
SEPC (NSE:SEPC, BOM:532945) has secured an order worth 6.73 billion Indian rupees from Steel Authority of India, according to an Indian bourse filing on Monday.The order is part of Steel Authority of India's 4.08 MTPA crude steel expansion project. It covers two packages, a coke oven balance of plant package worth 2.97 billion rupees and a sinter plant balance of plant package valued at 3.77 billion rupees, it added.SEPC said the project will be executed over 30 to 33 months.Shares of the company jumped nearly 7% in recent trade.
BOM:532945NSE:SEPC