Besides giving double-digit returns consistently in December, there are a few interesting factors backing this optimism. Lets delve a little more deeper into those factors.
SEPC Ltd has secured a contract worth Rs 427.9 crore from the Jharkhand government for the construction of an intake well on a turnkey basis. The project is expected to be completed within 27 months, with five years of operation and maintenance.
SEPC Ltd s bid accepted for order worth Rs 427 79 crores equitybulls.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from equitybulls.com Daily Mail and Mail on Sunday newspapers.
About 57 smallcap stocks delivered double-digit weekly returns with four of them offering over 25% returns. Jaiprakash Associates was the top gainer in the pack with nearly 40% return, followed by SEPC Ltd (35.1%), Greenlam Industries (29.6%), and Apollo Micro Systems (25%).
The Madras High Court has issued a restraint order against SEPC Ltd and Twarit Consultancy Services, preventing them from disposing of or creating third-party rights on some of their assets in a dispute with Gaja Capital. Gaja Capital had sought enforcement of an arbitration award of approximately ₹280 crore against SEPC Ltd, claiming that the amount had not been paid despite the tribunal s order.