EMS gains on receiving lowest bidder status from Uttar Pradesh Jal Nigam
EMS is currently trading at Rs. 603.10, up by 3.85 points or 0.64% from its previous closing of Rs. 599.25 on the BSE.
The scrip opened at Rs. 610.00 and has touched a high and low of Rs. 610.00 and Rs. 601.65 respectively. So far 19204 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 1016.85 on 18-Dec-2024 and a 52 week low of Rs. 508.60 on 19-Jun-2024.
Last one week high and low of the scrip stood at Rs. 610.00 and Rs. 565.80 respectively. The current market cap of the company is Rs. 3370.72 crore.
The promoters holding in the company stood at 69.70%, while Institutions and Non-Institutions held 0.80% and 29.50% respectively.
EMS has received the lowest bidder (L-1) status from UP Jal Nigam (Urban) for construction of various components for Fatehpur Sewerage and sewage treatment scheme Zone-1 Distt. Fatehpur. The estimated order value (excluding GST) is approximately Rs 18381.49 lakh. The said order is expected to be executed in 24 months.
EMS is in the business of Sewerage solution provider, Water Supply System, Water and Waste Treatment Plants, Electrical Transmission and Distribution, Road and Allied works, operation and maintenance of Wastewater Scheme Projects (WWSPs) and Water Supply Scheme Projects (WSSPs) for government authorities/bodies.
