Shares of SEPC were trading in the green and 3% higher on 5 December after the company announced securing a project from the Jharkhand government worth Rs 427.8 crore.

In its filing, the company said that the Drinking Water and Sanitation Department of the Government of Jharkhand has accepted its bid for the construction of an Intake Well with gangway 257.00 meters long, RCC riser for rising main, sump site development, Elevated Service Reservoir, approach road, supplying and installation of VT & Centrifugal pump motor, Staff quarters, House connection on turnkey basis.

The order has to be executed within 27 months from the date of acceptance; the duration excludes three months of trial run and, thereafter, five years of operation and maintenance.

The shares of the company touched a 52-week high of Rs 26.26 on 9 November 2023 and a 52-week low of Rs 7.45 on 5 June 2023.

At 12:10 pm, the shares of SEPC were trading 0.26% lower at Rs 19.30 on NSE.