Multibagger SEPC Stock Soars to 52-Week High After Securing Fresh ₹182 Cr Order | Stock Market News

SEPC, a small-cap stock, has delivered impressive returns to investors in the Indian stock market, earning the title of a “multibagger” stock. Since January 2023, SEPC shares have surged by more than 160%. On Tuesday, the stock reached a new 52-week high of ₹31.64 per share on the NSE, gaining strong momentum after opening at a higher price.

Fresh Order Drives SEPC’s Stock Surge

The recent surge in SEPC’s stock price can be attributed to the announcement of a fresh order from the Irrigation Department of the Bihar State Government. SEPC confirmed the news through an exchange filing, revealing that it had secured a contract worth ₹182 crore.

In the announcement, SEPC stated, “We have been awarded a Work Order for ₹182,56,76,000/- (Rupees One hundred and eighty-two crores fifty-six lakhs seventy-six thousand only) from Irrigation Division, Govt. Of Bihar.”

Contract Details and Execution Timeline

SEPC provided additional details regarding the new contract. The project is expected to take 12 months to complete. After the execution phase, there will be a three-month trial period, followed by 60 months dedicated to operation and maintenance of the project. This long-term contract is a significant boost for the company’s portfolio.

SEPC Stock Performance: A Strong Multibagger

SEPC has consistently delivered strong returns to its investors. In the past month, the stock price increased from ₹18.96 to ₹31.62 per share on the BSE, marking a 65% rise. Over the last six months, SEPC’s stock price has rallied over 70%.

Since the start of 2023, the stock has jumped from around ₹20.54 to ₹31.62 per share, registering a 55% gain. For those who have held the stock for a year, the returns are even more impressive, with a nearly 150% rise in the stock price. SEPC has provided even better returns over a five-year period, during which the stock has surged by around 175%.

SEPC’s Market Position and Trading Volume

SEPC is available for trade on both the BSE and NSE. On Tuesday, the stock attracted a significant trade volume of over 3.36 crore shares, reflecting strong investor interest. The current market capitalization of SEPC stands at ₹4,892 crore. Its new 52-week high, achieved today, is ₹31.62 on the NSE, while the stock’s 52-week low is ₹11.88 per share.

SEPC continues to maintain its position as one of the top-performing small-cap stocks in the market, and this recent order from Bihar’s government further strengthens its prospects for future growth.