Meanwhile, the S&P BSE Sensex was down 28.23 points, 0.1% to Rs 28,971.33.

On the BSE, 48,000 shares were traded on the counter so far as against the average daily volumes of 24,699 shares in the past one quarter. The stock had hit a high of Rs 64.90 so far and a low of Rs 59.50 so far during the day.

The stock had hit a 52-week high 108.80 on 13 July 2016 and a 52-week low of Rs 48.70 on 1 February 2017.

The small-cap company has equity capital of Rs 7.33 crore. Face value per share is Rs 2.

SPML Infra announced that the company has received new orders for power transmission & distribution projects in West Bengal and Haryana.

It received Rs 106.92 crore order from West Bengal State Electricity Distribution Company for Rural Electricity Infrastructures Development in Murshidabad.

An order of Rs 89.40 crore from Power Grid Corporation of India for extension of 400/220 kv AIS substation in Malda and other towns of West Bengal.

The third order of Rs 48.88 crore from Haryana Vidhyut Prasran Nigam for 220 Kv GIS substation in Faridabad.

Mr Subhash Sethi, Chairman, SPML Infra, commented, The company is happy that its expertise in power transmission and distribution segment is being recognized by its esteemed clients. The last quarter of the financial year has started with good notes as the company received Rs 800 crore orders in January and now about Rs 250 crore new orders. SPML is already executing good number of power transmission and distribution projects and with new orders and more in future.

SPML Infra's net profit rose 388.5% to Rs 1.27 crore on 90.1% growth in net sales to Rs 426.40 in Q3 December 2016 over Q3 December 2015.

SPML Infra is one of the leading infrastructure development companies in India.