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SEPC Ltd.’s share price rose to the highest level since late March as its United Arab Emirate-based wholly-owned subsidiary received an order worth Rs 75.6 core.
SEPC FZE, Sharjah received the order on Tuesday from Lauren Engineers & Constructors INC for construction, supply, and installation of four units with 45,000 liter capacity steel tanks.
The order value is estimated to be around $8.9 million, or approximately Rs 75.6 crore, according to an exchange filing. SEPC FZE, Sharjah will complete the order in 15 months.
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