Archive · 19 Aug 2025
SPML Infra Shares Rise on ₹1,073 Crore Order Win
SPML Infra, a company that builds infrastructure, had its stock price go up.
This is because they got a new project worth a lot of money to improve the water system in Indore, India.
The company's stock has also increased significantly in the past few years.
This new project is expected to help the company continue to grow.
They've done many other projects that focus on water infrastructure.
This is good news for investors, and the company is now worth a lot of money.
SPML Infra secured a ₹1,073 crore project from Indore Municipal Corporation.
The project is for augmenting the water supply system under AMRUT 2.0.
SPML Infra's stock gained 6.77% on Monday.
The firm has a market cap of ₹2,135 crore.
The company has gained 727% in two years and 3065% in five years.
- Who
- SPML Infra, an infrastructure development company, secured the project.
- What
- SPML Infra's stock rose after winning a major project.
- When
- The stock increase occurred on Monday.
- Where
- The new project is in Indore, India.
- Why
- The share price increased due to the announcement of a ₹1,073 crore project, signaling future revenue and growth.
- Stock Performance
- Up 6.77% on Monday
- Company
- SPML Infra
- New Project Value
- ₹1,073 crore
- Project Location
- Indore Municipal Corporation
- Market Cap
- ₹2,135 crore
- 2-Year Gain
- 727%
- 5-Year Gain
- 3065%