Simplex Infrastructures Bags ₹255.52 Crore Oil India Contract; Stock Rises 2.85%

Simplex Infrastructures has secured a contract valued at ₹255.52 crore from Oil India. The contract award has boosted investor confidence in the company.

Following the announcement, Simplex Infrastructures' share price gained 2.85% in trading, reflecting market approval of the contract win. The company is expected to execute the project as per Oil India's requirements.