Penny Stock Below Rs 15: Company Secures Rs 230 Crore Turnkey Mining Contract from MOIL in 2025

On Monday, December 29, 2025, shares of SEPC Limited gained 3.87 per cent to trade at Rs 10.21 per share, compared to the previous closing price of Rs 9.83. The stock opened at Rs 9.32 and touched an Intraday high of Rs 10.50, while the day’s low remained at Rs 9.32. The volume-weighted average price (VWAP) stood at Rs 10.27.

SEPC Ltd has witnessed significant price volatility over the past year, with its 52-week high at Rs 21.48 and 52-week low at Rs 8.50, marking a price variation of over 150 per cent during the last 12 months.

In a major business development, SEPC Limited has secured a Rs 230 crore turnkey mining infrastructure order from MOIL Limited, a Government of India enterprise. The contract was awarded through a competitive global tender, where SEPC emerged as the lowest bidder (L1). The total contract value includes Rs 167.85 crore for domestic work and USD 36.52 lakh for imported machinery.

The project involves the design, Construction, and commissioning of a third vertical shaft at the Chikla Mine in Maharashtra. SEPC’s scope of work spans the entire project lifecycle, covering engineering, civil construction, and installation of specialised mining equipment. The order is expected to enhance the operational efficiency of the mine and provide SEPC with improved revenue visibility from a technically complex, high-value project.

This order win builds on the company’s steady operational performance in H1 FY26, during which SEPC reported a consolidated total income of Rs 455 crore, indicating improving execution momentum.

About the Company

SEPC Limited, previously known as Shriram EPC Limited, is a well-established company providing turnkey EPC (Engineering, Procurement, and Construction) solutions across key infrastructure sectors. The company's expertise lies in the design, procurement, construction, and commissioning of large and complex projects in India, particularly within the Water & Wastewater, Roads, Industrial Infrastructure, and Mining sectors. Serving a wide range of clients, including both Central and State Government agencies, SEPC plays a significant and continuous role in advancing India's infrastructure development.

In Q2FY26, total income increased by 39 per cent to Rs 237.42 crore, EBITDA increased by 38 per cent to Rs 10.57 crore and net profit increased by 262 per cent to Rs 8.30 crore compared to Q2FY25. In FY25, SEPC reported a revenue of Rs 598 crore, EBITDA of Rs 51 crore and net profit of Rs 25 crore.

Domestic Institutional Investors ( DII" style="box-sizing:border-box; transition:0.2s ease-in-out">DIIs ) own a 14.52 per cent stake in the company and the majority of DIIs are Punjab National Bank (PNB), Central Bank of India, The South Indian Bank, Axis Bank, Bank of India (BOI) and IndusInd Bank. SPEC has a market cap of over Rs 2,000 crore. The stock is up 29.2 per cent from its 52-week low of Rs 8.50 per share and gave multibagger returns of 130 per cent in 5 years.

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