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Infra stock jumps after securing ₹1,073 Cr project by Indore Municipal Corporation

Prominent infra firm secures ₹1,073 crore AMRUT 2.0 project for Indore, enhancing water supply infrastructure, building treatment plants, pipelines, and ensuring 10-year operation and maintenance for reliable drinking water.

Introduction

Leading infra developer has bagged a ₹1,073 crore water supply project under AMRUT 2.0 for Indore City. The project will enhance water infrastructure, provide safe drinking water, and includes a 10-year operation and maintenance contract.

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Share price movement of SPML Infra

On August 19, 2025, SPML Infra Ltd opened at ₹305.00, down from its previous close of ₹297.90. The stock reached a high of ₹315.00 and a low of ₹290.00. By 1:06 PM, it traded at ₹295.95, with a market cap of ₹2,121.65 crore.

SPML Infra Wins ₹1,073 Cr Indore Water Project

SPML Infra Limited has secured a Rs. 1,073 crore project from Indore Municipal Corporation under AMRUT 2.0. The project aims to enhance Indore’s water supply infrastructure, ensuring reliable drinking water access for over two million residents.

The project scope covers construction of a 1,650 MLD intake system, raw water pump house, and a 400 MLD water treatment plant. It also includes booster pumping stations, 22 km of transmission pipeline, and a 132/33 kv power substation.

The contract also provides a 10-year operation and maintenance agreement. The EPC portion is scheduled to be completed in 30 months, including rainy seasons. The project is intended to make Indore water secure and self-reliant.

Recent news on SPML Infra

As of March 10, 2025, SPML Infra Ltd has signed a ₹617.98 crore contract with Jharkhand’s Water Resource Department for the Konar Irrigation Project, to be executed on a turnkey basis with Vijay Kumar Mishra Construction.

Stock performance of SPML Infra for Period of 1 week, 6 months, and 1 year

SPML Infra Ltd delivered a 3.69% return over the past week. The stock gained 70.5% over the past six months and rose 38.3% over the past year.

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Shareholding pattern of SPML Infra

ParticularsJun 2025Mar 2025Dec 2024
Promoter35.10%35.20%35.20%
FII0.30%0.70%0.70%
DII14.90%14.80%14.80%
Public49.70%49.20%49.20%

About SPML Infra

SPML Infra Ltd. (NSE: SPMLINFRA) is a leading infrastructure company with over 40 years’ experience in water, power, and environment sectors, delivering critical projects nationwide and providing clean water to over 50 million people.

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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.

FAQs

Q: Why is SPML Infra Ltd share price going up today?

A: The stock rose after SPML Infra Ltd secured a Rs. 1,073 crore Indore water project under AMRUT 2.0.

Q: What does SPML Infra Ltd specialize in?

A: SPML Infra Ltd specializes in water, power, environment, and infrastructure development projects across urban and rural India.

Q: What is the market capitalization of SPML Infra Ltd?

A: SPML Infra Ltd has a market capitalization of ₹2,121.65 crore as of August 19, 2025.

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