Enviro Infra Engineers soars as its arm secures LoI worth Rs 224.19 crore
Enviro Infra Engineers is currently trading at Rs. 213.75, up by 7.85 points or 3.81% from its previous closing of Rs. 205.90 on the BSE.
The scrip opened at Rs. 211.30 and has touched a high and low of Rs. 214.75 and Rs. 210.70 respectively. So far 11378 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 276.05 on 22-Sep-2025 and a 52 week low of Rs. 135.00 on 09-Mar-2026.
Last one week high and low of the scrip stood at Rs. 216.20 and Rs. 195.25 respectively. The current market cap of the company is Rs. 3614.16 crore.
The promoters holding in the company stood at 70.19%, while Institutions and Non-Institutions held 1.36% and 28.45% respectively.
Enviro Infra Engineers’ step-down subsidiary -- Suyog Urja (SUL) has received a Letter of Intent (LoI) from Tata Power Renewable Energy (TPREL) for the execution of EPC turnkey works for the development of a 180 MW NTPC Wind Power Project at Parli, Maharashtra. The LoI has a contract value of Rs 224.19 crore (including GST) and is to be executed by March 31, 2027. The scope of work encompasses Wind Turbine Generator (WTG) foundation works, Balance of Plant (BoP) works and 33 kV transmission line works. The WTG foundation package includes civil foundation works for 58 WTGs, along with associated reinforcement steel and geotechnical requirements.
Under the BoP scope, SUL will undertake the development of an approximately 39-acre storage yard, coordination and management of Right of Way (ROW) for material movement, and construction of access roads, pathways and crane pads, along with other associated civil and infrastructure works. The LOI also covers the construction and commissioning of the 33 kV transmission line, including route survey and design, supply and erection of poles/towers, conductors, insulators and associated hardware, as well as ROW-related activities and installation of STATCOM/harmonic filter systems.
