Rs 326 Crore Order Book: Stock Below Rs 150 Secures Rs 48 Crore BPCL Order; Shares Jump 7%
HEC Infra Projects secured a Rs 48 crore work order from Bharat Petroleum Corporation Ltd for a 66 KV switchyard project, while its order book stood at Rs 326 crore as of March 31, 2025
✨ Key Takeaways
On Thursday, Indian benchmark indices traded higher, with the Nifty 50 index gaining 0.70 per cent to 24,174.10. Amid the broader market strength, shares of HEC Infra Projects Ltd traded at Rs 137.27, up 6.63 per cent, after the company announced that it had secured a Rs 48 crore work order from Bharat Petroleum Corporation Limited (BPCL). The company had an Order Book of Rs 326 crore as on March 31, 2025.
HEC Infra Bags Rs 48 Crore BPCL Order
HEC Infra Projects Limited informed the stock exchanges that it has received a Rs 48 crore work order from Bharat Petroleum Corporation Limited (BPCL). The project involves the design, engineering, supply, erection, testing and commissioning of a 66 KV Switchyard for the Capacity Augmentation Project of the Vadinar–Bina Crude Pipeline.
HEC Infra Projects Project Details
According to the company's disclosure, the order is a domestic project and is scheduled to be completed within nine months. The contract has been awarded by BPCL, one of India's leading public sector undertakings in the energy sector.
The company stated that the project is expected to strengthen its execution track record in the power transmission segment and improve its credentials for participating in future tenders from government organisations and public sector undertakings.
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HEC Infra Projects Additional Details
HEC Infra Projects also clarified that none of its promoters or promoter group entities have any interest in the awarding entity, and the contract does not qualify as a related party transaction under applicable regulations.
As per the company's latest available investor presentation, HEC Infra Projects had an order book of Rs 326 crore as on March 31, 2025, providing revenue visibility for future execution.
About HEC Infra Projects
HEC Infra Projects Ltd is an engineering, procurement and Construction (EPC) company engaged in the execution of power infrastructure and electrical engineering projects. The company undertakes design, engineering, supply, installation, testing and commissioning work across transmission, distribution and industrial electrical infrastructure. The company executes projects for government departments, public sector undertakings and private sector clients across India.
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Disclaimer: The article is for informational purposes only and not investment advice.
