SPML Infra share price gained 8 percent in the opening trade on December 8 following company's joint venture with Shree Hari Infraprojects received contract of Rs 207.38 crore from Public Health Engineering Department (PHED), Jhalawar, Rajasthan.
At 09:20am, SPML Infra was quoting at Rs 202.50, up Rs 15.35, or 8.20 percent, on the BSE.
The project under the Jal Jeevan Mission (JJM) is part of Nonera Water Supply Project, aims to significantly strengthen water supply infrastructure across Kota & Bundi region in Rajasthan.
It involves executing comprehensive construction and operation works, including 10 years of operations & maintenance (O&M).
The Jal Jeevan Mission project aims to upgrade water supply infrastructure and ensure safe, reliable drinking water across Kota and Bundi (Package-1).
The scope includes the execution, testing, and commissioning of 3 intake wells, 3 water treatment plants with a combined 118 MLD capacity, 3 clear water reservoirs totaling 16.1 million litres, 52.6 km of pipelines from 600–1300 mm diameter with PLC and SCADA systems.
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In the previous trading session, the share closed at Rs 187.15, down Rs 3.00, or 1.58 percent.
The share touched a 52-week high of Rs 321.70 and a 52-week low of Rs 137.00 on 01 August, 2025 and 18 March, 2025, respectively.
Currently, the stock is trading 41.82 percent below its 52-week high and 36.61 percent above its 52-week low.
The market capitalisation of the company stands at Rs 1,412.18 crore.
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