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Bluspring Enterprises shares gain 5% on contract win from Vedanta Aluminium

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Bluspring Enterprisesshare price touched 52-week high of Rs 131.60 on July 3 after its subsidiary won a contract worth Rs 1,437.17 crore.

At 10:34am, Bluspring Enterprises was quoting at Rs 126.00, up Rs 6.35, or 5.31 percent on the BSE.

Company's wholly-owned step-down subsidiary, STEAG Energy Services (India), secured a ₹1,437.17-crore operations and maintenance (O&M) contract from Vedanta Aluminium Metal.

The five-year contract, effective August 1, 2026, covers the comprehensive operation and maintenance of Vedanta's 1,215 MW (9x135 MW) captive power plant.

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In June, 2015, the said subsidiary received an extension of contract for Operations and

Maintenance of Thermal Power Plant 600 MW from Vedanta Power Limited (originally awarded by

Also, received an extension of contract for Operations and Maintenance of Thermal Power Plant (3*600 = 1,800 MW) Unit 1, 3 & 4 from Vedanta Aluminium Metal Limited (originally awarded by Vedanta Limited).

In the previous trading session, the share closed up 8.67 percent or Rs 9.55 at Rs 119.65.

The share touched a 52-week high of Rs 121.10 and a 52-week low of Rs 42.01 on 02 July, 2026 and 02 March, 2026, respectively. Currently, the stock is trading 4.05 percent below its 52-week high and 199.93 percent above its 52-week low.

The market capitalisation of the company stands at Rs 1,882.96 crore.

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