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The Economic Times
The Economic Times
Kumar Gaurav

Rs 1,024-crore market cap, Rs 10,000-crore order book: This penny stock jumps 11% after SAIL deal

SAIL Kumar Gaurav NSE SEBI

Shares of SEPC Limited rallied as much as 10.95% on Friday, to hit an intraday high of Rs 5.47 on the NSE after the company signed an Rs 854.57-crore contract with Steel Authority of India Limited (SAIL) for work at the IISCO Steel Plant in Burnpur, West Bengal.

The stock pared some of its gains but continued to trade higher during the session. At 1:49 PM, SEPC shares were trading at Rs 5.31, up 7.71% from their previous close of Rs 4.93.

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