Shares of $BLUSPRING prises surged over 5% on Friday, hitting a 52-week high of ₹131.60, after its 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 comprehensive O&M services for Vedanta’s 1,215 MW (9x135 MW) captive power plant. This latest win adds to recent orders from Vedanta entities, including a ₹1,219.85 crore contract for a 1,800 MW plant and a ₹406 crore deal for a 600 MW unit. The stock was trading at ₹126, up 5.31%, reflecting strong investor confidence in the company’s growing order book in the power infrastructure sector. Bluspring, incorporated in 2025, provides integrated facility management and engineering services.

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