EPC electrical company receives new order worth Rs 21,70,00,000 from Ahmedabad Municipal Corporation

DSIJ Intelligence-1 / 03 Sep 2025/ Categories: Mindshare, Trending

The stock is up by 87 per cent from its 52-week low of Rs 82.01 per share.

HEC Infra Projects Limited has secured a new domestic contract from the Ahmedabad Municipal Corporation valued at Rs 21,70,00,000. This project involves the augmentation of the existing water distribution station and the construction of a new 5-lakh-litre Elevated Storage Reservoir (ESR) on an Engineering, Procurement, and Construction (EPC) basis. The work, which also includes electro-mechanical tasks, is to be executed at the Madhubag water distribution station in the Khadiya ward of Ahmedabad's Central Zone. The company is expected to complete the project within 36 months.

Earlier, the company received a Rs 7.15 crore contract from Advait Energy Transitions Limited. The project involves the design, installation, testing, and commissioning of a 185 MW battery energy storage system with a 220 KV substation in Charal, Gujarat. This system is designed to improve power quality and energy savings by allowing for the storage of energy during off-peak hours for use during peak demand. The company expects to complete the project within 12 months.

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HEC Infra Projects Ltd (founded in 2005) is an electrical and electro-mechanical EPC contractor for governments and private entities. They design, supply, install and commission a wide range of electrical projects, from power lines and substations to solar and water pumping systems. The company reported positive numbers in its Quarterly Results (Q4FY25) and annual results (FY25). The promoters own a 74.93 per cent stake, DIIs own a 5.48 per cent stake and the rest 19.59 per cent stake is owned by the public.

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On Wednesday, shares of HEC Infra Projects Ltd plunged 0.73 per cent to Rs 153.20 per share from their previous closing of Rs 154.33 per share. The company has a market cap of over Rs 160 crore and has delivered good profit growth of 76.5 per cent CAGR over the last 5 years. The stock is up by 87 per cent from its 52-week low of Rs 82.01 per share.

Disclaimer: The article is for informational purposes only and not investment advice.