Sepc Ltd News Today

Besides giving double-digit returns consistently in December, there are a few interesting factors backing this optimism. Lets delve a little more deeper into those factors.

SEPC Ltd has secured a contract worth Rs 427.9 crore from the Jharkhand government for the construction of an intake well on a turnkey basis. The project is expected to be completed within 27 months, with five years of operation and maintenance.

About 57 smallcap stocks delivered double-digit weekly returns with four of them offering over 25% returns. Jaiprakash Associates was the top gainer in the pack with nearly 40% return, followed by SEPC Ltd (35.1%), Greenlam Industries (29.6%), and Apollo Micro Systems (25%).

The Madras High Court has issued a restraint order against SEPC Ltd and Twarit Consultancy Services, preventing them from disposing of or creating third-party rights on some of their assets in a dispute with Gaja Capital. Gaja Capital had sought enforcement of an arbitration award of approximately ₹280 crore against SEPC Ltd, claiming that the amount had not been paid despite the tribunals order.

SEPC Ltd have successfully completed the Integrated Al Qibla Project in Basra, Iraq, for USD 236 Million.

The Board of Directors of SEPC Limited, at its meeting held today have approved the financial results of the company for the period ended March 31, 2023 - Q4FY23 and FY2023.

SEPC Ltd have successfully completed the scheme involving 56 kms of Network Pipeline Laying, Construction of 2295 Nos. Manholes, 5200 Nos. Sewerage House Service connections, 4.2 kms Pumping Main and 4 Nos. of pump house in Porur, Chennai City.

The Board of Directors of SEPC Ltd has, approved the allotment of 4,99,00,000 fully paid-up Equity Shares of face value of ₹ 10/- each on a rights basis, at an issue price of ₹ 10 per Equity Share.

SEPC Ltd has been declared as L1 during the opening of Konkan LNG Limited, Maharashtra tender towards supply and services of Ambient Air Heating Systems amounting over Rs 300 crores.

SEPC Ltd have received a Commissioning Certificate from The Hutti Gold Mines Company Limited for a project.