Shriram EPC Shares Surge 14% On Winning Order Worth Rs 61 Crore

Shares of Shriram EPC rose 14 per cent on Tuesday after the company bagged an order worth Rs 61 crore from the Karnataka Water Authority for providing water supply scheme to Robertsonpet (KGF) city under AMRUT.

Robertsonpet is a planned township located in the city of Kolar Gold Fields in Karnataka, India.

The order involves providing water supply scheme to the Robertsonpet township under the Atal Mission For Rejuvenation and Urban Transformation (AMRUT), the company said in a BSE filing.

The project is to be executed over a period of 36 months.

Shriram EPC is a service provider of the integrated designs, engineering, procurement, construction and project management services for power plants, renewable energy projects, process and metallurgical plants and municipal service sector projects throughout India and overseas.

Shares of the company were seen trading at Rs 26.35 higher by 10.48 per cent on BSE at 1.30 pm IST. It touched an intra-day high of Rs 27.20 during trade.

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