SPML Infra has soared 16% at Rs 199 after the company received two orders worth Rs 164 crore from Goa Water Supply and Sewerage Board and Dehradun Municipal Corporation, Dehradun.

The first order worth Rs 139 crore came from Goa Water Supply and Sewerage Board for expansion of 100 MLD water treatment plant at Salaulim in Goa. The project is funded by Japan International Cooperation Agency (JICA) and will be executed in a joint venture with SMC Infrastructures Pvt. Limited, the company said in a filing to the stock exchanges.

The second order is from Dehradun Municipal Corporation, Dehradun, for an integrated solid waste management project at Dehradun on a public-private partnership (PPP) basis. The project involves design, construction, operation and management of all aspects of municipal solid waste for a period of 14 years. The capital cost of the project is about Rs 25 crore, the company said.

The stock opened at Rs 173 and touched a high of Rs 205 on the NSE. A total of 282,851 shares have changed hands on the counter till afternoon deals, against an average less than 100,000 shares traded daily in the past two weeks.