EMS shines on emerging as lowest bidder for Rs 218.65 crore project in Rajasthan
EMS is currently trading at Rs. 386.40, up by 14.45 points or 3.88% from its previous closing of Rs. 371.95 on the BSE.
The scrip opened at Rs. 385.00 and has touched a high and low of Rs. 409.95 and Rs. 385.00 respectively. So far 596184 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. 409.95 and Rs. 369.55 respectively. The current market cap of the company is Rs. 2159.04 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 emerged as the lowest bidder (L-1) for a project awarded by Directorate of Local Bodies, Government of Rajasthan for sewerage work. The project is valued at around Rs 218.65 crore (including GST). The project pertains to Sewerage and Septage Management for sewer system with STPs and laying, jointing, testing and commissioning of Sewerage System in 06 ULBs in districts of Ganganagar, Hanuman Nagar and Churu. The project has an execution period of 18 months along with 1 year of Defect Liability Period and Operation and Maintenance period of 10 years.
