SPML Infra surged 7.46% to Rs 85.70 at 15:13 IST on BSE ahead of board meeting today, 18 September 2014, to consider various options of fund raising.
Meanwhile, the S&P BSE Sensex was up 483.17 points or 1.81% at 27,114.46.
On BSE, so far 24,000 shares were traded in the counter as against average daily volume of 13,000 shares in the past two weeks.
The stock hit a high of Rs 87.65 and a low of Rs 82.40 so far during the day.
SPML Infra reported a net profit of Rs 0.93 crore in Q1 June 2014 as against net loss of Rs 20.32 crore in Q1 June 2013. Net sales rose 32.2% to Rs 271.27 crore in Q1 June 2014 over Q1 June 2013.
SPML Infra is an infrastructure development company implementing projects in water supply and management, wastewater treatment and reuse, sewer-line rehabilitation and power (RE) development, transmission and distribution in India.
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