Overview
- SEPC received a ₹269.68 crore purchase order from Vishnu Prakash R Punglia Ltd for the Ajmer–Chanderiya doubling project in the North Western Railway’s Ajmer Division.
- The rail order is to be executed within 24 months from the issue of the department’s letter of award, according to the company’s exchange filing.
- On Monday, SEPC announced its association with the JARPL–AT Consortium for the Rampur Batura opencast coal mine in Madhya Pradesh under contracts aggregating about ₹3,299.51 crore with an estimated 10‑year tenure.
- SEPC described the mining engagement’s scope as supply of materials, deployment of machinery and manpower, and project management and consultancy services under an asset‑light arrangement.
- Following the two disclosures, the stock rose roughly 20% across two sessions to a near one‑month high, with market reports placing the company’s valuation around Rs 2,092 crore.