New Delhi, Aug. 6 -- Sepc share price surged as much as 4% on NSE in Thursday's trading session after the company bagged a new order from SAIL.

Sepc shares opened at Rs.6.55 apiece today, as compared to the previous close of Rs.6.32 on Wednesday. The penny stock touched an intraday high of Rs.6.72 on 6 August.

In an exchange filing on 6 August, Sepc announced it has secured a Letter of Acceptance (LoA) from Steel Authority of India Limited (SAIL) - IISCO Steel Plant (ISP), Burnpur.

As part of the project, SEPC will execute the Pellet Plant BOP, including Civil and Structural Works for the Pellet Plant Package-2 at SAIL-IISCO Steel Plant, Burnpur, supporting the steel producer's 4.08 MTPA Crude Steel Expansion Project.

According to the...