EMS rises on emerging as L-1 bidder for Rs 129.80 crore sewerage work in Jodhpur
EMS is currently trading at Rs. 373.55, up by 4.40 points or 1.19% from its previous closing of Rs. 369.15 on the BSE.
The scrip opened at Rs. 365.90 and has touched a high and low of Rs. 380.05 and Rs. 365.90 respectively. So far 8399 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 595.00 on 19-Sep-2025 and a 52 week low of Rs. 256.50 on 10-Mar-2026.
Last one week high and low of the scrip stood at Rs. 393.90 and Rs. 358.75 respectively. The current market cap of the company is Rs. 2075.74 crore.
The promoters holding in the company stood at 69.70%, while Institutions and Non-Institutions held 0.17% and 30.13% respectively.
EMS has received the lowest bidder (L-1) status awarded by Municipal Corporation Jodhpur for Sewerage Work. The estimated order value (including GST but excluding O&M of around Rs 6.90 crore) is Rs 129.80 crore. The order is for laying of new sewer line in left out area and redesigning and rejuvenation of old and damaged sewer line and lateral sewerage system in Jodhpur City. The order is to be executed within 24 months.
