India's equity benchmarks inched lower on Tuesday as markets consolidated after last month's sharp rally, with profit-booking in heavyweight financials and IT stocks overpowering gains in Bharti Airtel and Titan Company
The Nifty 50 eased 0.3% to 25,684.55, while the BSE Sensex fell 0.27% to 83,747.57, as of 10:24 a.m. IST.
Meanwhile, SEPC Limited announced multiple project wins across domestic and international markets, boosting its order book significantly.
SEPC Limited , an Engineering, Procurement, and Construction (EPC) company with a diversified presence across Water & Municipal Services, Roads, Industrial Infrastructure, and Mining sectors, announced that it has received a Work Allocation Order worth ₹442.8 crore from the Chief Engineer, Irrigation, Generation, Water Resources Department, Dehri.
The contract involves the execution of the “Jamaniyan to Kakrait Gangajal Lift Irrigation Scheme” in the Kaimur district under the Zamanian Pump Canal Division, Mohania. The project is part of the Pragati Yatra initiative and aims to enhance irrigation infrastructure and agricultural productivity in the region.
The company recently secured a purchase order from M/s Gefos Solutions Private Limited for the supply of construction materials, valued at ₹75.19 crore. This order adds further strength to SEPC’s domestic operations and reinforces its presence in the construction materials segment.
SEPC also received an international order from Avenir International Engineers and Consultants LLC, Abu Dhabi, for providing engineering services across various ADNOC projects. The order is valued at ₹32.63 crore (AED 13.5 million). The execution schedules and timelines will be defined by the awarding entity. This marks another step toward expanding SEPC’s footprint in overseas markets.
With these project wins, SEPC continues to strengthen its portfolio across water management, industrial infrastructure, roads, and mining. The company has demonstrated consistent expertise in executing large-scale and complex projects, supported by its strong technical and operational capabilities.
In Q1 FY26, SEPC reported a total income of ₹203.8 crore, up 14% year-on-year compared to Q1 FY25. EBITDA rose 12% to ₹29.8 crore, while net profit increased 105% to ₹16.5 crore — marking the highest quarterly profit in the last 11 quarters.
In FY25, SEPC recorded a standalone revenue of ₹597.65 crore, EBITDA of ₹98.94 crore, and a net profit of ₹24.84 crore, underscoring its steady financial and operational progress.
SEPC Limited (formerly Shriram EPC Limited) provides turnkey EPC solutions across Water & Wastewater, Roads, Industrial Infrastructure, and Mining sectors. The company’s clientele includes both Central and State Government agencies, reflecting its role in India’s infrastructure development.
On Tuesday, SEPC share price jumped over 3.5% as the company informed about its order status. As of 10:35 am IST, the stock price was trading at ₹11.34 per share, up by 3%.
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