WPIL Share Price Jumps Over 4% on Securing Orders Worth ₹426 Crore in South Africa

WPIL Limited, the Kolkata-based engineering major, has announced the receipt of a major overseas contract via its South African subsidiary. The contract has been secured from METSI KE MATLA JV for comprehensive electro-mechanical and instrumentation works under the MCWAP2 Project of the Trans Caledon Tunnel Authority, signalling a significant expansion of WPIL’s international project portfolio. 

Key Development: Major International Project Win 

According to the company’s regulatory filing, the contract is valued at 821 million Rand, equivalent to ₹426 crore, and involves the execution of complete electro-mechanical and instrumentation works.  

The project will be commissioned over 48 months. WPIL has also confirmed: that the deal does not fall under any related-party transaction category, indicating an arm’s-length agreement with an external client. 

Financial & Strategic Context: Strengthening Global Footprint 

The contract reinforces WPIL’s project execution capabilities in the international water infrastructure space. Its South African operations have proven to be strategically significant as the company expands beyond domestic projects.  

As stated in the filing, METSI KE MATLA JV awarded the contract under the MCWAP2 initiative, which is overseen by South Africa’s Trans Caledon Tunnel Authority, highlighting WPIL’s credentials in large-scale infrastructure development. 

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WPIL Share Price Performance  

As of November 18, 2025, at 10:23 AM, the WPIL share price is trading at ₹406 per share, reflecting a surge of 4.96% from the previous day's closing price. 

Conclusion 

This contract marks another milestone in WPIL's global expansion strategy, strengthening its position in the engineering and infrastructure sector across emerging markets. With a ₹426 crore project over four years, WPIL’s South African subsidiary could play a greater role in the company’s growth trajectory and future overseas opportunities. Investors and industry stakeholders will be watching closely to assess how this contract contributes to revenue visibility and operational momentum in the coming quarters. 

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