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Sathlokhar Synergys receives order worth ₹219 Cr from Muthiah Muralidaran’s company

Prominent engineering firm wins ₹219.22 crore contract from Muthiah Muralidaran’s company for civil, pipeline, and solar work at two industrial project sites.
Sathlokhar Synergys bags ₹219 Cr order from cricket legend Muthiah Muralidaran's company
Sathlokhar Synergys bags ₹219 Cr order from cricket legend Muthiah Muralidaran's company

Introduction:

Leading engineering and construction firm has secured a ₹219.22 crore order for executing civil, structural, pipeline, and solar works at two industrial sites, commissioned by Ceylon Beverage Can Private Limited, owned by Muthiah Muralidaran.

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Also Read: 3 Stocks in which SBI group increased stake in Q4 FY25; Do you hold any?

Share price movement of Sathlokhar Synergys:

On April 11, 2025, Sathlokhar Synergys E&C Global Limited opened at ₹459.90, up 4.52% from its previous close of ₹440.05. The stock touched a high of ₹499.50 (13.49%) and a low of ₹459.90. By 4:00 PM, it traded at ₹488.90, marking an 11.11% gain, with a market cap of ₹1,179.14 crore.

Sathlokhar Synergys Bags ₹219 Cr Order:

Sathlokhar Synergys E&C Global Ltd has announced the receipt of a significant order worth ₹219.22 crore from Ceylon Beverage Can Private Limited. The company is owned by legendary Sri Lankan cricketer Muthiah Muralidaran.

The scope of work includes execution of civil works, pre-engineered building (PEB), mechanical, electrical, and plumbing (MEP), processing pipeline installation, plant and machinery coordination, and solar infrastructure setup across two locations in India.

The factory construction will be carried out at sites in Supa Parner Industrial Park, Maharashtra and Kellamballi Industrial Area, Karnataka. The project is scheduled for completion by March 2026, as per the order terms.

Stock performance of Sathlokhar Synergys for Period of 1 week, 1 month, and 6 months:

Sathlokhar Synergys E&C Global Limited delivered an 18.6% return over the past week and gained 19.2% in the past month. The stock rose 17.0% over the past six months.

Also Read: Financially strong stocks under ₹20 to keep on your radar

Shareholding pattern of Sathlokhar Synergys:

ParticularsSep 2024Aug 2024
Promoter62.70%62.70%
FII3%7%
DII1%5%
Public32.90%25.50%
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About Sathlokhar Synergys:

Sathlokhar Synergys E&C Global Ltd (NSE Symbol: SSEGL), established in 2013, offers specialized engineering, procurement, and construction (EPC) services, focusing on building and infrastructure facility construction, delivering tailored solutions to clients.

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.

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