Infra stock under ₹20 jumps 12% after signing agreement worth ₹2,200 Cr with Kingdom of Saudi Arabia based firmInfra stock under ₹20 jumps 12% after signing agreement worth ₹2,200 Cr with Kingdom of Saudi Arabia based firm

Introduction:

Leading infrastructure company has signed a framework agreement with ROSHN Group, Saudi Arabia, to undertake infrastructure projects worth approximately ₹2,200 crore. This strategic partnership strengthens its global presence and enhances opportunities in the expanding Middle Eastern construction sector.

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Share price movement of SEPC:

On March 12, 2025, SEPC Ltd opened at ₹12.86, slightly up from its previous close of ₹12.83. The stock hit a high of ₹14.71 and a low of ₹12.76. By 12:21 PM, it traded at ₹14.26, reflecting a 11.15% jump, with a market cap of ₹2,229.78 crore.

SEPC Secures ₹2,200 Cr Saudi Deal:

SEPC Limited has signed a Framework Agreement with ROSHN Group Company, Riyadh, to undertake infrastructure works in Saudi Arabia. The company has bid for projects across three zones in Jeddah North, Phase 1A, valued at approximately SAR 893 million (₹2,200 crore).

As per the agreement, SEPC anticipates receiving call-off orders for at least one of the three zones. This deal strengthens SEPC’s global presence and reinforces its position in the infrastructure sector. The partnership with ROSHN Group highlights the company’s capability to execute large-scale international projects.

The agreement marks a significant milestone in SEPC’s expansion strategy, providing opportunities for future growth in Saudi Arabia’s infrastructure sector. Investors responded positively to the development, reflecting confidence in the company’s ability to secure and execute high-value international contracts.

Recent news on SEPC:

As of February 14, 2025, SEPC Ltd reported a 19.71% decline in Q3 FY25 net profit to ₹4.44 crore. Revenue fell 5.44% YoY to ₹133.04 crore, while total expenses dropped 9.66% to ₹140.27 crore during the quarter.

Stock performance of SEPC for Period of 1 week, 6 months, and 1 year:

SEPC Ltd delivered a 3.70% gain over the past week but faced a steep 54.2% decline in six months. The stock remains down 17.1% over the past year, reflecting volatility in its performance amidst market fluctuations.

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Shareholding pattern of SEPC:

Particulars	Dec 2024	Sep 2024	Jun 2024
Promoter	33.40%	33.90%	37.60%
FII	0.60%	0.80%	0.70%
DII	19.20%	19%	25%
Public	46.80%	46.30%	36.80%

About SEPC:

SEPC Ltd (NSE: SEPC), formerly Shriram EPC Ltd, specializes in EPC contracts, offering design, engineering, procurement, and construction services across water, metallurgy, and infrastructure sectors. Majority-owned by Mark AB since 2022, it continues expanding its project portfolio.

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.