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Smallcap stock jumps 7% after receiving order worth ₹ 182.56 Cr from Govt. of Bihar

Published 10-09-2024, 02:33 pm
Updated 10-09-2024, 03:45 pm
Smallcap stock jumps 7% after receiving order worth ₹ 182.56 Cr from Govt. of Bihar
PISA
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SEPC
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The shares of the small-cap company gained up to 7 percent after the company received a new significant order worth Rs 182.56 crore from Irrigation Division, Govt. Of Bihar.

With a share market capitalization of Rs 5,000.58 crore, the shares of SEPC Ltd were trading at Rs 31.79 per share, increasing around 5 percent as compared to the previous closing price of Rs 30.28 apiece.

Is SEPC a buy or sell? What is its Fair Value? What are the company's health parameters? What are the positive and negative factors driving the company -- ProTips? Know all the answers on the company's overview page here.

Reason for Rise:-

The shares of the company share have seen significant movement after SEPC Ltd received a new significant order worth Rs 182.56 crore from Irrigation Division, Govt. Of Bihar for designing, constructing, and commissioning a surface water-based drinking system for Bhabhua and Mohania, with a 12-month timeline, 3-month trial, and 60 months of maintenance under the Jal-Jeevan-Hariyali Abhiyan.

Financial performance:-

Looking into the company’s financial condition, SEPC Ltd’s revenue zoomed by 23 percent from Rs 143.28 crore in Q1FY24 to Rs 175.82 crore in Q1FY25. During the same time frame, net profits magnified by 64 percent from Rs 4.93 crore to Rs 8.08 crore.

Order book & geographical revenue:-

During the year the company has won an order for Rs 427.79 Crores and the Company`s order book stood at Rs 955 Crores as of 31st Mar 2024.

When it comes to revenue from the geographic segment, the company’s revenue in India increased by 37.5%, from Rs 378.84 crore in FY2022–23 to Rs 520.36 crore in FY2023–24, while revenue from outside of India stands at Rs 40.61 crore.

Remarkable return:-

The stock has delivered returns of 75.45 percent in the last six months and a multi-bagger return of 153.02 percent in a year. A shareholder’s investment of Rs. 1 Lakh in the company would be worth Rs. 2.53 Lakh in a year.

Company snapshot:-

SEPC Limited provides integrated design, engineering, procurement, construction, and project management services for water and waste-water treatment plants, water infrastructure, process and metallurgy plants, power plants, and mines and mineral processing.

Written by:- Abhishek Singh

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