SEPC Ltd
SEPC | 532945
₹6.18
-0.36 (-5.50%)
Performance
Historical price movement and trading activity
Trading Data
Overview
SEPC Limited was initially incorporated as 'Shriram EPC Limited' on June 12, 2000, headquartered in Chennai, Tamil Nadu, with other offices in Mumbai, New Delhi, Kolkata and Beijing, and WTG & Cooling tower factories in Puducherry, Chennai and Umbergaon (Gujarat). The Company's name was changed from Shriram EPC Limited to SEPC Limited on February 12, 2021. SEPC Limited, a part of the Shriram EPC Group has diverse business interests across Project Engineering & Construction. The company provides end-to-end solutions to engineering challenges, offering multi disciplinary design, engineering, procurement, construction and project management services. SEPC is focused on providing turnkey solutions for ferrous & non ferrous, cement, aluminum, copper and thermal power plants, water treatment & transmission, metallurgical and process plant projects, renewable energy, cooling towers & material handling. The Company along with the Joint operators enters into contracts with the customers for execution of the projects. The company's businesses are categorized into two segments engineering, procurement and construction ('EPC') projects and development, sale and maintenance of WTGs. EPC projects of the company experienced and footprint of the same reached across 16 states in India, In WTG section the company also completed wind energy projects throughout India, particularly in south India, and internationally in Zambia and France. The company's network covers through Joint Venture Partners with Leitwind (Leitwind BV ('Leitwind')) and Hamon (Hamon Thermal Europe, an affiliate of Hamon & Cie ('Hamon Group'), Technology partnership with CPT Perco, Angerlehner, Danieli (Italy), Waterburry (USA), SSIT (China), Danielli (Italy) SMS, Swemco (USA) and Aker Kvaerner (USA). Shriram EPC Ltd began its operations in the biomass power plants business in December 2000 with the execution of the first biomass power plant project in Andhra Pradesh, the biomass power plants business is engaged in the design, engineering and construction of thermal biomass-based power plants. The company commenced its process and metallurgy business in the year 2003. While in 2004, the company acquired of the cooling towers business of Shriram Tower Tech Limited, municipal services business of water and wastewater management and water distribution systems and pipe rehabilitation and the business of erection, testing and commissioned wind electric generators. Shriram EPC executed the joint operation agreement with the Hammon Group in the same year 2004 to carry out projects regarding cooling tower solutions. Shriram Engineering Construction Company Limited was merged with the company with effect from April 1, 2004, since both companies were in the same line of business, namely, construction engineering. During the year 2005 and 2006, the company's Investment made by UNO Investments and Bessemer Venture Partners Trust respectively. The company received certification by DEWI - OCC for designing and manufacturing 250 KW wind turbine in August of the year 2006. The MoU with Leitner Technologies for manufacture and marketing of megawatt class wind turbines was happened in November of the identical year. On January 16, 2007 we entered into a Joint Venture Agreement with Leitner B.V., Netherlands to set up Leitner Shriram Manufacturing Limited, an Associate company formed for the purposes of manufacturing of megawatt class wind turbines and components and in February 3, 2007, the company entered into a Joint Venture Agreement with Leitner B.V., Netherlands to set up Shriram Leitwind Limited, a Subsidiary company, formed for the purposes of marketing of wind turbines, wind farm development, and erection and commissioning of wind turbines. In February 2007 the Joint Venture Agreement was made with Hamon Thermopack Engineers Private Limited, in March an exclusive license was received from Hamon Shriram Cottrell Inc to design, manufacture and sell certain air pollution control products and systems Hamon Research-Cottrell, Inc and also the company entered into a memorandum of understanding on August 28, 2007 with Bessemer Venture Partners Trust ('BVP') for power generation through renewable sources. In September 2007 the company successfully installed 1.35 MW WTG demo machine in Tamilnadu. The company work on a project-to-project basis with Chevalier Pipe Technologies Limited, whereby the company have been granted license to use its rib loc technology in India. Shriram EPC Ltd is moving with continues action to generate strong financial returns and create a world-class engineering, procurement and construction company, with a particular focus in renewable energy and also be a developer and manufacturer of technologically advanced WTGs. The company's objective is to expand and enhance the presence throughout India and abroad by capitalizing on competitive strengths, local experience, and familiarity with local working conditions. Intend to target specific project segments and industries where there is high potential for growth and where enjoy competitive advantages. The company also maintains the relationships with clients and strategic partners of the company to attain the same all above. The Company merged business of marketing Company, Shriram Leitwind Ltd with LSML, the associate company. The Associate Company, Orient Green Power Company Ltd. (OGPL) finalised plans for an Initial Public Offer (IPO) to raise, around Rs.900 crores to finance expansion of its business. Leitner Shriram Manufacturing Ltd( LSML) set up an art of facility at Gummidipoondi for the manufacture of the wind turbines and the trial production commenced in March 2009, with the formal inauguration taking place in September 2009. During the year 2012-13, the Company commissioned 300 TPD Cattle Feed Project at Karunagapally, Kalletumkara, Kollam; Ammonia Liquid treatment project for Rourkela Steel Plant was commissioned. During the year 2018-19, the Company's wholly owned subsidiary, Shriram EPC FZE Sharjah acquired 70% in the equity capital of Shriram EPC Arkaan LLC and resultant to this, Shriram EPC Arkaan LLC became the step down subsidiary of the Company. During the year 2020-21, the project for constructing Balance of Plant (BoP) for 1.2 MTPA Mini Mill Project in Sohar, Sultanate of Oman was commissioned. The Company's step down subsidiary Shriram EPC Arkaan LLC implemented the onsite portion of the project at Sohar, Sultanate of Oman. In 2022, Company in joint venture with Mokul Infrastructure Private Limited (Mokul Shriram EPC JV (MSJV) completed Sewerage, Storm water and Trunk Sewer Pipeline Project along with Civil Works and Road Works at Al Qibla area, for Basra Governorate, Basra, Iraq valued at USD 236 Million. In 2023-24, Company completed the balance plant erection for a 1.2 MTPA steel plant in Oman. It incorporated a 100% subsidiary, SEPC Arabia Limited Company, for exploiting the market potential in the Kingdom of Saudi Arabia in 2023. It acquired a 75% stake in ALMOAYYED Electrical Equipment & Instrumentation Systems LLC (AEEIS) Abudhabi, UAE in 2024. In FY 2025, SEPC commissioned the Deep Shaft Mining Project for Hutti Gold Mines Ltd., Karnataka. It signed an agreement with the Roshn Group Company, Riyadh, Kingdom of Saudi Arabia, for infrastructure works costing Rs 2200 Crores. It entered the O&M Division with a Power Plant Maintenance Project in Uttar Pradesh, costing Rs 18 Crores.
Sector & Industry
Infrastructure Developers & Operators - Engineering - Turnkey Services
Listing Exchange
National Stock Exchange (NSE)
Bombay Stock Exchange (BSE)
Fundamentals
Financial strength and ownership structure
Valuation & Ratios
Financial Performance
Shareholding Pattern
Technicals
Price-based indicators and levels
Indicators
Index (RSI)+47.73Neutral
Support and Resistance Levels
Moving Averages
News
Hot Pursuit
SEPC Limited stock rises 5.21%, securing Rs 854.57 crore order from SAIL for Pellet Plant BOP
5 Aug 2026
SEPC Ltd. is up 5.21% to Rs 6.26, extending recent gains and rising 3.99% over the last week. SEPC Limited has received a Letter of Acceptance (LoA) from Steel Authority of India Limited (SAIL) – IISCO Steel Plant (ISP), Burnpur, for the execution of “Pellet Plant BOP including Civil & Structural (Pellet Package -2)” for SAIL’s 4.08 MTPA Crude Steel Expansion Project. The order, awarded on August 4th, 2026, is valued at Rs 854.57 Crores (net of Input Tax Credit) and is expected to be completed within 32 months. The contract is governed by terms and conditions outlined in SAIL’s tender dated October 10th, 2025, and subsequent corrigendum and agreed deviations. SEPC Ltd. shares saw a trading volume of 410.71 lakh today, a surge of 262.88% compared to the average volume of the last one week. SEPC Ltd. tanked by 46.59% year-over-year, underperforming the NIFTY50 index's 0.44% loss.
SEPC board OKs proposal to acquire 90% stake in Avenir International
8 Jul 2026
SEPC said that its board has approved the proposed acquisition of up to 90% equity stake in Avenir International Engineers and Consultants LLC, Abu Dhabi, through a share swap transaction.
The acquisition will be undertaken by way of a preferential allotment of 153 crore equity shares of SEPC at an issue price of Rs 10 per share, aggregating to Rs 1,530 crore, to the shareholders of Avenir. The transaction will be completed without any cash outflow and is expected to conclude by December 2026. Established in 2011, Avenir International Engineers and Consultants LLC is an engineering and design company serving the oil & gas and other civil infrastructure sectors in the UAE. The company possesses established qualifications with ADNOC and reported a turnover of approximately AED 75.01 million during 2025. SEPC stated that the proposed acquisition is expected to strengthen the company's capabilities in the oil & gas sector and significantly enhance its presence across the Middle East. In addition, the board has approved an increase in the company's authorised share capital from Rs 225 crore to Rs 600 crore, through the creation of additional equity shares, subject to shareholders' approval. The board has also approved enhancing the limits under for loans, guarantees, securities and investments to Rs 3,000 crore, providing the company with greater financial flexibility to pursue future growth opportunities. Further, the board has approved increasing the borrowing limits to Rs 7,500 crore, enabling the company to support its expanding business operations and long-term growth plans. Venkataramani Jaiganesh, managing director, SEPC, said: The proposals approved by the board represent important enablers for SEPC's next phase of growth. Together, these initiatives reinforce our long-term approach of building a stronger and more diversified engineering enterprise. SEPC is engaged in providing end-to-end solutions to engineering challenges, offering multidisciplinary design, engineering, procurement, construction, and project management services. The company's consolidated net profit jumped 37.03% to Rs 13.73 crore on 132.45% surge in revenue from operations to Rs 273.83 crore in Q4 FY26 over Q4 FY25. The scrip declined 1.20% to currently trade at Rs 6.6 on the BSE. Powered by Capital Market - Live News
SEPC rallies after securing Rs 673-crore order from SAIL's IISCO Steel Plant
15 Jun 2026
SEPC surged 7.50% to Rs 7.45 after the company announced that it had secured a major order worth Rs 673.32 crore from Steel Authority of India (SAIL)'s IISCO Steel Plant (ISP), Burnpur, for its 4.08 MTPA crude steel expansion project.
The contract comprises two key packages under the expansion project. The Coke Oven Balance of Plant (BOP) Package ' COB-3, excluding civil and structural works, is valued at Rs 296.77 crore, while the Sinter Plant BOP Package ' SP-2, including civil and structural works, is valued at Rs 376.56 crore. The aggregate contract value stands at Rs 673.32 crore (excluding taxes). The projects are scheduled to be executed over a period of 30 to 33 months. The company said, This prestigious order from one of India's largest integrated steel producers reflects SEPC's strong engineering capabilities, execution track record, and growing credibility in delivering complex industrial projects. The win also strengthens the company's order book and underscores its ability to capitalize on the significant investments being made toward capacity expansion and modernization within India's steel sector. Venkataramani Jaiganesh, Managing Director, SEPC, said: 'This order from SAIL's IISCO Steel Plant represents a significant milestone for SEPC and highlights the confidence that leading public sector enterprises place in our engineering expertise and project execution capabilities. The project aligns well with our strategy of expanding our footprint in large industrial and process infrastructure projects. India's steel industry is entering a phase of sustained capacity expansion driven by infrastructure development, manufacturing growth, and the nation's long-term economic ambitions. We believe this order positions SEPC favourably to participate in this transformation while strengthening our order book and enhancing future revenue visibility.' SEPC is engaged in providing end-to-end solutions to engineering challenges, offering multidisciplinary design, engineering, procurement, construction, and project management services. The company's consolidated net profit jumped 37.03% to Rs 13.73 crore on 132.45% surge in revenue from operations to Rs 273.83 crore in Q4 FY26 over Q4 FY25. Powered by Capital Market - Live News
SEPC Q4 PAT jumps 37% YoY to Rs 14 cr
25 May 2026
SEPC 's consolidated net profit jumped 37.03% to Rs 13.73 crore on 132.45% surge in revenue from operations to Rs 273.83 crore in Q4 FY26 over Q4 FY25.
Profit before exceptional items and tax stood at Rs 15.27 crore in Q4 FY26, compared with Rs 10.02 crore in Q4 FY25. The company reported an exceptional item of Rs 0.40 crore during the quarter. Total expenses jumped 135.75% to Rs 273.68 crore in Q4 FY26 from Rs 116.09 crore in Q4 FY25. The cost of material consumed stood at Rs 239.12 crore (up 187.68% YoY), employee benefit expenses were at Rs 6.80 crore (up 17.8% YoY), and finance costs were at Rs 9.13 crore (down 26.13% YoY) during the period under review. SEPC is engaged in providing end-to-end solutions to engineering challenges, offering multidisciplinary design, engineering, procurement, construction, and project management services. Shares of SEPC rose 0.64% to close at Rs 7.87 on the BSE. Powered by Capital Market - Live News
SEPC jumps after announcing Rs 1,530 crore Abu Dhabi acquisition
24 Mar 2026
SEPC rose 2.80% to Rs 4.78 after the company announced the acquisition of a 90% stake in Abu Dhabi-based Avenir International Engineers and Consultants LLC.
The deal, valued at around AED 708 million (approximately Rs 1,530 crore), is part of SEPC's strategy to expand its global footprint in the oil and gas engineering sector. The transaction will be executed through a share swap arrangement and is expected to be completed within six months, subject to approvals from lenders and shareholders. Avenir is an established engineering consultancy firm specialising in oil and gas engineering, front-end engineering design (FEED), and project management consultancy, with a strong presence in the Middle East and North Africa (MENA) region. It has an order book of approximately AED 500 million and counts ADNOC and DEWA among its key clients. SEPC said the acquisition will enable its entry into the global oil and gas EPC and consulting ecosystem, while strengthening international execution capabilities and geographic diversification. It is also expected to provide access to higher-margin engineering services and create a scalable growth platform in the MENA region. The company added that the move aligns with its long-term strategy of building a globally diversified engineering platform and enhancing value creation through synergies in engineering, procurement and project execution. Avenir reported revenue of AED 73.93 million in FY24, compared with AED 69.17 million in FY23 and AED 31.91 million in FY22. SEPC, formerly Shriram EPC, is an EPC company offering turnkey solutions across water and wastewater, roads, industrial infrastructure and mining sectors, serving both central and state government clients in India. The company's consolidated zoomed 236.9% to Rs 14.96 crore on 156.3% jump in revenue from operations to Rs 340.97 crore in Q3 FY26 over Q3 FY25. Powered by Capital Market - Live News
SEPC order book surges to Rs 10,455-cr amid strong mining, construction wins
23 Feb 2026
SEPC said that it has entered a decisive growth phase, with its consolidated order book rising to Rs 10,455 crore as on 31 December 2025, driven by robust orders, improved execution, and disciplined project selection.
On a standalone basis, excluding SEPC FZE, the company's order book stood at Rs 7,255 crore, marking a sharp increase from Rs 4,501 crore as on 31 March 2025. The nearly 61% expansion within nine months' underscores accelerated order conversion, improved market credibility and increasing participation in execution-intensive projects. SEPC continues to maintain a domestic-led growth profile while retaining a meaningful global footprint. Of its consolidated order book of Rs 10,455 crore, domestic projects account for Rs 5,055 crore (48%), while international projects contribute Rs 5,400 crore, including Rs 2,200 crore under SEPC and Rs 3,200 crore through SEPC FZE. The strong domestic exposure positions the company to benefit from India's ongoing infrastructure upcycle and sustained public sector capital expenditure, while the overseas portfolio adds geographic diversification and cross-border execution capabilities. During FY26 (up to 31 December 2025), the company secured fresh orders worth Rs 5,954 crore, reflecting robust bidding momentum and rising client confidence. The expanded order pipeline enhances multi-year revenue visibility and strengthens execution visibility, with disciplined project selection and improved scale expected to support sustained revenue growth, better operating leverage and stronger balance sheet resilience. Commenting on the strengthening order book, Venkataramani Jaiganesh, MD of SEPC, said: 'We are encouraged by the strong order momentum we are witnessing this year. It reflects the confidence our clients have in our execution capabilities and the focused efforts of our teams across projects. The broader infrastructure push and continued industry tailwinds are creating meaningful opportunities, and we are approaching them with discipline and clarity. Our priority remains efficient execution, prudent financial management, and building a resilient business that can sustain growth over the long term.' SEPC The company provides end-to-end solutions to engineering challenges, offering multi disciplinary design, engineering, procurement, construction and project management services. The company's consolidated zoomed 236.9% to Rs 14.96 crore on 156.3% jump in revenue from operations to Rs 340.97 crore in Q3 FY26 over Q3 FY25. Shares of SEPC rose 0.62% to currently trade at Rs 8.13 on the BSE. Powered by Capital Market - Live News
Corporate News
SEPC Limited's authorized share capital increased to Rs 6000 crore following shareholder approval
6 Aug 2026
SEPC Limited informed the National Stock Exchange of India Ltd. and BSE Limited that its authorized share capital has been increased to Rs 6000,00,00,000 divided into 600,00,00,000 equity shares of Rs 10 each, from a previous authorized share capital of Rs 2250,00,00,000 divided into 225,00,00,000 equity shares of Rs 10 each, following shareholder approval via postal ballot on August 6, 2026.
SEPC Limited’s board will review quarterly financial results at a meeting August 11
6 Aug 2026
SEPC Limited will hold a board meeting on Tuesday, August 11, 2026, to consider and approve the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, as per a regulatory filing with the National Stock Exchange of India Ltd and BSE Limited.
SEPC Limited wins Rs 854.57 crore Pellet Plant contract from Steel Authority of India
6 Aug 2026
SEPC Limited has secured a Letter of Acceptance from Steel Authority of India Limited – IISCO Steel Plant (ISP), Burnpur, for the Pellet Plant BOP including Civil and Structural Works (Pellet Package -2) as part of the steel producer's 4.08 MTPA Crude Steel Expansion Project, with a total value of Rs 854.57 crore (net of Input Tax Credit) to be completed over 32 months.
SEPC approves acquisition of up to 90% stake in Abu Dhabi-based Avenir
8 Jul 2026
For consideration of Rs 1,530 cr
SEPC has announced a series of strategic proposals approved by its Board of Directors, subject to the requisite shareholders' and regulatory approvals. The approved proposals are aimed at strengthening the Company's capital base, enhancing financial flexibility, and expanding its international engineering presence. A key highlight of the Board's approval is the proposed acquisition of up to 90% equity stake in Avenir International Engineers and Consultants LLC, Abu Dhabi, through a share swap transaction. The acquisition will be undertaken by way of a preferential allotment of 153 crore equity shares of SEPC at an issue price of Rs 10 per share, aggregating to Rs 1,530 crore, to the shareholders of Avenir. The transaction will be completed without any cash outflow and is expected to conclude by December 2026. Established in 2011, Avenir International Engineers and Consultants LLC is an engineering and design company serving the oil & gas and other civil infrastructure sectors in the UAE. The company possesses established qualifications with ADNOC and reported a turnover of approximately AED 75.01 million during 2025. The proposed acquisition is expected to strengthen SEPC's capabilities in the oil & gas sector and significantly enhance its presence across the Middle East. In addition, the Board has approved an increase in the Company's Authorised Share Capital from Rs 225 crore to Rs 600 crore, through the creation of additional equity shares, subject to shareholders' approval. The Board has also approved enhancing the limits under for loans, guarantees, securities and investments to Rs 3,000 crore, providing the Company with greater financial flexibility to pursue future growth opportunities. Further, the Board has approved increasing the borrowing limits to Rs 7,500 crore, enabling the Company to support its expanding business operations and long-term growth plans.
SEPC to convene board meeting
2 Jul 2026
On 6 July 2026
SEPC will hold a meeting of the Board of Directors of the Company on 6 July 2026.
SEPC secures order of Rs 673 cr from SAIL's IISCO Steel Plant
15 Jun 2026
SEPC has secured a major order worth Rs 673.32 crore from Steel Authority of India (SAIL) 'V IISCO Steel Plant (ISP), Burnpur for its 4.08 MTPA Crude Steel Expansion Project. The order reinforces SEPC''s growing presence in the industrial EPC segment and marks another significant milestone in the Company's strategy to strengthen its position in large-scale steel and heavy industrial infrastructure projects. The scope of work comprises two key packages under the expansion project: 'h Coke Oven BOP (Balance of Plant) Package 'V COB-3 (excluding Civil & Structural Works) valued at Rs296.77 crore 'h Sinter Plant BOP Package 'V SP-2 (including Civil & Structural Works) valued at Rs 376.56 crore
SEPC schedules board meeting
21 May 2026
On 25 May 2026
SEPC will hold a meeting of the Board of Directors of the Company on 25 May 2026.
SEPC to acquire 90% stake in Avenir International Engineers and Consultants LLC
24 Mar 2026
SEPC announced that its board of directors has approved the acquisition of a 90% equity stake in Avenir International Engineers and Consultants LLC, Abu Dhabi in a share swap deal worth Rs 1530 crore. This acquisition marks a significant strategic milestone in SEPC's journey to expand its global footprint and strengthen its presence in the high-growth Oil & Gas engineering sector, particularly across the Middle East and North Africa (MENA) region. Avenir International Engineers and Consultants LLC is a well-established engineering services company specializing in Oil & Gas Engineering, Front-End Engineering Design (FEED), and Project Management Consultancy (PMC). With a strong presence in the MENA region and a robust order book of approximately AED 500 million, Avenir brings deep domain expertise and established client relationships with leading entities such as ADNOC and DEWA. Powered by Capital Market - Live News
SEPC to convene board meeting
19 Mar 2026
On 23 March 2026
SEPC will hold a meeting of the Board of Directors of the Company on 23 March 2026. Powered by Capital Market - Live News
SEPC records consolidated order book of Rs 10,455 cr as on 31 Dec 2025
23 Feb 2026
SEPC announced that the company's consolidated order book stands at Rs 10,455 crore as on 31 December 2025. On standalone basis, the order book stands at Rs 7,255 crore, representing a multifold increase from 4,501 crore as on 31 March 2025. The standalone order book of Rs 7,255 crore is strategically diversified across structurally supported sectors:  - Mining: Rs 2,991 crore (≈41%)  - Construction: Rs 2,609 crore (≈36%) - Water &: Rs 911crore (≈14%) - Power: Rs 600 crore (≈8%)  - Roads, Oil & Gas & Others: Balance portfolio Of the consolidated Rs 10,455 crore order book:  - Domestic Projects: Rs 5, 055 crore (≈48%)  - International (SEPC): Rs 2,200 crore (≈21%)  - International (SEPC FZE): Rs 3,200 crore (≈31%) Powered by Capital Market - Live News
SEPC consortium receives LoI for smart prepaid metering project in Punjab
10 Feb 2026
SEPC has received a Letter of Intent (LOI) from Telecommunications Consultants India (TCIL), a Government of India enterprise, for the implementation of a Smart Prepaid Metering project in Punjab (Central Zone) under the Revamped Distribution Sector Scheme (RDSS). The project will be executed on a Design, Build, Finance, Own, Operate and Transfer (DBFOOT) basis in consortium with Adya Smart Metering, with a total project value of Rs 313.96 crore. It encompasses the design, deployment, integration, commissioning, and long-term operation and maintenance of advanced metering infrastructure for Punjab State Power Corporation Limited (PSPCL), in accordance with the client's tender and applicable scheme guidelines. Payments will be made on a back-to-back basis, linked to defined monthly, quarterly, and annual milestones during the post operational Go-Live phase. Powered by Capital Market - Live News
Results - Announcements
SEPC consolidated net profit rises 37.03% in the March 2026 quarter
25 May 2026
Sales rise 132.45% to Rs 273.83 crore
Net profit of SEPC rose 37.03% to Rs 13.73 crore in the quarter ended March 2026 as against Rs 10.02 crore during the previous quarter ended March 2025. Sales rose 132.45% to Rs 273.83 crore in the quarter ended March 2026 as against Rs 117.80 crore during the previous quarter ended March 2025. For the full year,net profit rose 115.54% to Rs 53.54 crore in the year ended March 2026 as against Rs 24.84 crore during the previous year ended March 2025. Sales rose 76.44% to Rs 1054.50 crore in the year ended March 2026 as against Rs 597.65 crore during the previous year ended March 2025. Particulars Quarter Ended Year Ended Mar. 2026 Mar. 2025 % Var. Mar. 2026 Mar. 2025 % Var. Sales 273.83 117.80 132 1054.50 597.65 76 OPM % 3.72 12.98 - 7.36 8.46 - PBDT 16.20 11.30 43 68.14 54.16 26 PBT 15.27 10.02 52 63.26 49.07 29 NP 13.73 10.02 37 53.54 24.84 116 Powered by Capital Market - Live News
Market Commentary - Mid-Session
Benchmarks trade in positive terrain; IT shares rally
24 Mar 2026
The key equity indices traded with significant gains in morning trade supported by positive global sentiment after Donald Trump announced a temporary pause on potential strikes on Iran's energy infrastructure, indicating possible de-escalation in Middle East tensions. However, investor sentiment remained guarded due to uncertainty over the Strait of Hormuz reopening. Nifty traded above the 22,700 level ahead of the expiry of NSE derivative contract. IT shares witnessed buying demand after declining in the past trading session. At 11:25 IST, the barometer index, the S&P BSE Sensex surged 739.04 points or 1.03% to 73,447.18. The Nifty 50 index soared 220.85 points or 0.97% to 22.727.55. In the broader market, the BSE 150 MidCap Index rose 0.69% and the BSE 250 SmallCap Index rose 0.42%. The market breadth was strong. On the BSE, 2,554 shares rose and 1,382 shares fell. A total of 214 shares were unchanged. The NSE's India VIX, a gauge of the market's expectation of volatility over the near term declined 4.10% to 25.63. US-Iran Warfare The ongoing conflict in the Middle East continues to intensify, keeping global investors cautious as the war enters its fourth week, raising concerns about energy security and global economic stability. Donald Trump has said that based on the 'tenor and tone' of the ongoing discussions, he has instructed the US department of war to postpone any planned military strikes on Iranian power plants and energy infrastructure for five days. According to the chief of the International Energy Agency (IEA), nearly 40 energy assets 'severely damaged' in conflict; warns of 'worst' crisis. IPO Update: The initial public offer (IPO) of Central Mine Planning & Design Institute received bids for 2,21,44,560 shares as against 7,97,89,500 shares on offer, according to stock exchange data at 11:18 IST on Tuesday (24 March 2026). The issue was subscribed 0.28 times. The issue opened for bidding on 20 March 2026 and it will close on 24 March 2026. The price band of the IPO is fixed between Rs 163 and 172 per share. The initial public offer (IPO) of Sai Parenteral's received bids for 86,792 shares as against 75,22,486 shares on offer, according to stock exchange data at 11:21 IST on Tuesday (24 March 2026). The issue was subscribed 0.01 times. The issue opened for bidding on 24 March 2026 and it will close on 26 March 2026. The price band of the IPO is fixed between Rs 372 and 392 per share. The initial public offer (IPO) of Amir Chand Jagdish Kumar (Exports) received bids for 38,71,770 shares as against 1,89,05,270 shares on offer, according to stock exchange data at 11:18 IST on Tuesday (24 March 2026). The issue was subscribed 0.20 times. The issue opened for bidding on 24 March 2026 and it will close on 26 March 2026. The price band of the IPO is fixed between Rs 201 and 212 per share. The initial public offer (IPO) of Powerica received bids for 88,726 shares as against 2,05,55,171 shares on offer, according to stock exchange data at 11:18 IST on Tuesday (24 March 2026). The issue was subscribed 0.00 times. The issue opened for bidding on 24 March 2026 and it will close on 26 March 2026. The price band of the IPO is fixed between Rs 375 and 395 per share. Buzzing Index: The Nifty IT index jumped 1.12% to 29,474.20. The index declined 0.18% in the past trading session. Tech Mahindra (up 1.4%), Infosys (up 1.23%), HCL Technologies (up 1.14%), Oracle Financial Services Software (up 0.46%), Mphasis (up 0.43%), LTIMindtree (up 0.35%), Wipro (up 0.33%), Persistent Systems (up 0.22%) and Tata Consultancy Services (up 0.16%) advanced. Stock in Spotlight: SEPC rose 2.80% after the company announced the acquisition of a 90% stake in Abu Dhabi-based Avenir International Engineers and Consultants LLC. The deal, valued at around AED 708 million (approximately Rs 1,530 crore), is part of SEPC's strategy to expand its global footprint in the oil and gas engineering sector. Global Markets: Asia markets jumped on Tuesday as signs of de-escalation in the Middle East conflict moderated oil prices. The gains came after U.S. President Donald Trump said Monday he had instructed the U.S. military to delay planned strikes on Iran's power plants and energy facilities for five days, after discussions with Iranian officials. The development gave investors hope that the Middle East conflict that spiked oil prices and raised fears of a global recession was nearing an end. However, Iranian state media, citing an unnamed senior security official in a Telegram post, disputed Trump's account, denying that any talks had taken place between Washington and Tehran. Meanwhile, Japan's Nikkei 225 and the Topix indices clocked strong gains after the country's headline inflation rate eased for a fourth straight month in February as the economy cooled on stabilizing food prices and fuel subsidies. The consumer price index fell to 1.3% last month, according to data released by Japan's Statistics Bureau Tuesday, marking the lowest since March 2022 and below the central bank's 2% target, down from 1.5% in January. Overnight in the U.S., stocks rallied after President Donald Trump said the U.S. and Iran have held talks. The Dow Jones Industrial Average jumped 631 points, or 1.38%, to close at 46,208.47. The S&P 500 rose 1.15% and ended at 6,581.00, while the Nasdaq Composite gained 1.38% and settled at 21,946.76. Powered by Capital Market - Live News
Insider Activity
Acquisitions
Mark AB Welfare Trust
Promoter Group
Acquired 130000000 shares worth ₹1,15,57,00,000
Reported on 17 Mar 2026
Mode: Off Market
Mark AB Welfare Trust
Promoter Group
Acquired 130000000 shares worth ₹10
Reported on 29 Dec 2025
Mode: Off Market
Mark AB Welfare Trust
Promoter Group
Acquired 210000000 shares worth ₹11
Reported on 4 Nov 2025
Mode: Off Market
D V RAMESH
Directors Immediate Relative
Acquired 7500 shares worth ₹50,850
Reported on 17 Nov 2021
Mode: Market Purchase
CHANDRA RAMESH
Director
Acquired 20000 shares worth ₹1,34,750
Reported on 17 Nov 2021
Mode: Market Purchase
Disposals
Mark AB Capital Investment LLC
Promoter
Disposed 130000000 shares worth ₹1,15,57,00,000
Reported on 17 Mar 2026
Mode: Off Market
Mark AB Capital Investment LLC
Promoter
Disposed 130000000 shares worth ₹10
Reported on 29 Dec 2025
Mode: Off Market
Mark AB Capital Investment LLC
Promoter
Disposed 210000000 shares worth ₹11
Reported on 4 Nov 2025
Mode: Off Market
Open Free Demat Account!
