EMS gains on securing LoA worth Rs 272.88 crore from Jaypee Infratech
EMS is currently trading at Rs. 657.15, up by 6.00 points or 0.92% from its previous closing of Rs. 649.50 on the BSE.
The scrip opened at Rs. 635.05 and has touched a high and low of Rs. 665.55 and Rs. 630.00 respectively. So far 14382 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. 353.40 on 14-Mar-2024.
Last one week high and low of the scrip stood at Rs. 753.95 and Rs. 630.00 respectively. The current market cap of the company is Rs. 3670.59 crore.
The promoters holding in the company stood at 69.70%, while Institutions and Non-Institutions held 1.06% and 29.23% respectively.
EMS has received Letter of Award (LoA) from Jaypee Infratech for civil (Structure & Finishing) and MEP works for multi-storeyed group housing project, “ORCHARDS”, for towers OCA- 1 to 3 (2B+S+P/UG+33) and OCB- 1 to 5 (2B+S+P/UG+38) at Jaypee Wish Town, Noida, Uttar Pradesh. The estimated order value is around Rs 272.88 crore (excluding GST). The order is to be executed within 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.
