New Delhi, March 13 -- SEPC share price surged nearly 14% during Thursday's trading session following the announcement of a deal with ROSHN Group Company, located in Riyadh, Kingdom of Saudi Arabia (KSA), for infrastructure projects valued at Rs.2,200 crore in the Middle Eastern nation.

In a filing with the stock exchange, the entity previously recognised as Shriram EPC Ltd stated that the agreement is intended to facilitate the execution of infrastructure projects in Saudi Arabia, especially in Jeddah. As part of this agreement, SEPC has submitted a bid for infrastructure developments in three specific areas within Jeddah North, Phase 1A. The estimated value of the project is about SAR 893 million, which translates to roughly Rs.2,200 c...