The company has won two orders in the last two days. The project supports balanced expansion across SEPC’s major infrastructure verticals while adding to the company’s growing portfolio throughout India.
On Tuesday, December 16, SEPC shares increased by over 8% to reach an intraday high of ₹10.98 after the company secured a subcontract for the Ajmer-Chanderiya railway doubling project.
The Ajmer–Chanderiya Doubling Project of the Ajmer Division of North Western Railway (NWR) has awarded the EPC company a railway infrastructure project valued at ₹269.69 crore.
In a regulatory filing, SEPC stated, “The project has been awarded to the VPRPL–SBEL Joint Venture, with SEPC Limited responsible for execution of the project works under the control and supervision of the Joint Venture, in line with the Letter of Award issued by North Western Railway.”
According to the business, the project’s scope also includes extensive formation and civil works along the Mandpiya to Chanderiya portion.
The ₹269.69 crore order bolsters SEPC’s growing footprint in the railway EPC segment and enhances its order book for transportation infrastructure. The project supports balanced expansion across SEPC’s major infrastructure verticals while adding to the company’s growing portfolio throughout India.
“This project reinforces SEPC’s execution capabilities in large-scale railway infrastructure works and reflects the confidence placed in our technical and delivery strengths,” stated Venkataramani Jaiganesh, Managing Director of SEPC Limited, in response to the order victory. The company continues to prioritize railroads, and our involvement in carrying out this project under North Western Railway enhances our portfolio of transportation assets. We continue to observe consistent growth in India’s infrastructure sectors, bolstered by methodical project selection and implementation.
The project is a component of Indian Railways’ capacity augmentation program, which aims to increase connectivity and operating efficiency on important routes.
SEPC’s stock price
SEPC shares were up 5.59% at 10:30 AM on the National Stock Exchange, trading at ₹10.77 per.
While the price has dropped 20% in the last six months, SEPC shares have increased by around 18% in the last five trading sessions. The company’s stock has fallen 49.3% since the start of 2025.
On December 17, 2024, SEPC shares reached a 52-week high of ₹23.34, and on December 9, 2025, they reached a 52-week low of ₹8.51.
Based on NSE data, the company’s entire market capitalization is ₹2,030.47 crore.
Other updates
On December 15, SEPC entered a ₹3,299.51 crore mining consortium project. In a regulatory filing, the company stated that it executed a memorandum of understanding (MoU) on December 14 with Jai Ambey Roadlines Private Limited and Avinash Transport, who together form the JARPL–AT Consortium, for a mining project awarded by South Eastern Coalfields Limited (SECL).
Under the agreement, SEPC Limited’s role is structured to support execution across the lifecycle of the mining operation.
In a separate regulatory filing dated December 11, the EPC company stated that it settled a dispute with Hindustan Copper Ltd and bagged a ₹72.5 crore mining project from the state-owned firm.
SEPC, which has a diversified presence across sectors such as water and municipal services, industrial infrastructure, and mining, will receive ₹30.45 crore as a full and final settlement, marking the closure of all pending arbitration matters between the two companies.
1. What recent orders has SEPC Limited won?
SEPC has secured two major orders in the past two days:
A ₹269.69 crore railway infrastructure project under the Ajmer–Chanderiya Doubling Project.
Participation in a ₹3,299.51 crore mining consortium project with JARPL–AT Consortium for South Eastern Coalfields Limited (SECL).
2. What is the significance of the Ajmer–Chanderiya railway project?
The project is part of Indian Railways’ capacity augmentation program, aimed at improving connectivity and operational efficiency. SEPC will execute the works as part of the VPRPL–SBEL Joint Venture, covering extensive formation and civil works from Mandpiya to Chanderiya.
3. How does this project impact SEPC’s business?
Strengthens SEPC’s railway EPC footprint.
Supports balanced expansion across its infrastructure verticals.
Enhances the company’s order book for transportation infrastructure.
Demonstrates investor and client confidence in SEPC’s technical and delivery capabilities.
4. How did SEPC shares react to the railway order?
On December 16, SEPC shares rose over 8%, reaching an intraday high of ₹10.98.
By 10:30 AM, the stock was trading at ₹10.77, up 5.59% on the NSE.
Over the last five trading sessions, the stock has gained around 18%, despite a 49.3% decline since the start of 2025.
5. What is SEPC’s stock performance over the past year?
52-week high: ₹23.34 (Dec 17, 2024)
52-week low: ₹8.51 (Dec 9, 2025)
Current market capitalization: ₹2,030.47 crore
6. What other projects has SEPC recently undertaken?
Mining consortium project: ₹3,299.51 crore MoU with JARPL–AT Consortium for SECL.
Hindustan Copper project: Bagged a ₹72.5 crore mining project and settled pending disputes, receiving ₹30.45 crore as full and final settlement.
7. Which sectors does SEPC operate in?
SEPC has a diversified presence across:
Railway and transportation infrastructure
Water and municipal services
Industrial infrastructure
Mining
8. Why are these projects important for SEPC’s growth?
The orders reflect:
SEPC’s execution strength in large-scale infrastructure.
The company’s focus on high-growth sectors like railways, mining, and industrial services.
A strategy of methodical project selection and portfolio expansion across India.
9. What is the total value of SEPC’s recent project wins?
Ajmer–Chanderiya railway project: ₹269.69 crore
Mining consortium project (SECL): ₹3,299.51 crore
Hindustan Copper mining project: ₹72.5 crore
Combined, these projects add significant value to SEPC’s order book and revenue pipeline.
10. Who are SEPC’s partners in these projects?
Railway project: VPRPL–SBEL Joint Venture, where SEPC executes the works under joint supervision.
Mining consortium project: JARPL–AT Consortium (Jai Ambey Roadlines Pvt Ltd + Avinash Transport) for SECL.
11. What is the role of SEPC in the mining projects?
For the SECL consortium, SEPC is responsible for execution across the mining operation lifecycle.
In the Hindustan Copper project, SEPC has settled disputes and will execute the ₹72.5 crore mining contract, receiving ₹30.45 crore as full and final settlement.
12. How does SEPC’s railway EPC focus benefit long-term growth?
SEPC is strengthening its transportation infrastructure portfolio, which is critical in India’s infrastructure push.
Participation in large-scale railway projects enhances technical credibility and improves future project bidding potential.
Railways are a high-value, recurring infrastructure segment, supporting consistent revenue growth.
13. How has the stock performed in recent months?
Last 6 months: Share price declined by ~20%.
Last 5 trading sessions: Gained ~18%, reflecting positive sentiment after project wins.
Year-to-date: Shares down ~49.3% in 2025.
14. What is SEPC’s market capitalization and stock metrics?
Market capitalization: ₹2,030.47 crore (NSE data)
52-week high: ₹23.34 (Dec 17, 2024)
52-week low: ₹8.51 (Dec 9, 2025)
15. What sectors contribute to SEPC’s revenue?
Railway and transportation infrastructure
Water and municipal services
Industrial infrastructure
Mining operations
16. How does SEPC’s project strategy reflect industry trends?
Focused on high-demand infrastructure projects like railways and mining.
Diversification across sectors reduces dependency on any single segment.
Prioritizes projects aligned with India’s infrastructure and industrial growth initiatives.
17. What are analysts saying about SEPC’s outlook?
Recent orders are seen as confidence boosters, reflecting SEPC’s technical and execution capabilities.
Railways and mining segments are expected to drive medium- to long-term revenue stability.
18. Are there any risks associated with SEPC’s business?
Stock volatility remains high, as seen in year-to-date declines.
Execution risk in large-scale projects and reliance on government contracts.
Market perception can be influenced by sector slowdowns or delays in project execution.
19. What should investors watch in the coming months?
Execution progress of the Ajmer–Chanderiya railway project.
SECL mining consortium activities and contribution to revenue.
Stock performance trends following large project wins.
New order inflows across infrastructure verticals.
20. How is SEPC positioned compared to competitors?
Diversified portfolio across multiple infrastructure and industrial sectors.
Strong track record in railway EPC execution.
Growing presence in high-value mining projects, which adds to its competitive edge.
