EMS rises on receiving lowest bidder status from UP Jal Nigam (Urban)
EMS is currently trading at Rs. 587.10, up by 5.70 points or 0.98% from its previous closing of Rs. 581.40 on the BSE.
The scrip opened at Rs. 581.45 and has touched a high and low of Rs. 591.90 and Rs. 581.40 respectively. So far 11335 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. 546.00 on 21-Jun-2024.
Last one week high and low of the scrip stood at Rs. 610.00 and Rs. 567.70 respectively. The current market cap of the company is Rs. 3264.10 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). The estimated order value (excluding GST) is around Rs 104.05 crore and is to be executed within 24 months.
The contract is for surveying, soil investigation, engineering, design and supply of all materials, labour, T&P etc. required for construction, completion, testing & commissioning of Intake Well Cum Pump House & Approach Bridge and associated Works; Raw water rising Main (1100mmdia) from Intake well to WTP; and Water Treatment Plant (with advanced treatment process)- 55 MLD under ‘Agra Water Supply Re-Organization Scheme (Trans Yamuna Zone-I & II)-Package 1’.
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.
