Enviro Infra Engineers soars on receiving LoA worth Rs 248.49 crore
Enviro Infra Engineers is currently trading at Rs. 246.35, up by 6.40 points or 2.67% from its previous closing of Rs. 239.95 on the BSE.
The scrip opened at Rs. 241.00 and has touched a high and low of Rs. 248.60 and Rs. 239.40 respectively. So far 76603 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 392.00 on 17-Dec-2024 and a 52 week low of Rs. 170.10 on 07-Apr-2025.
Last one week high and low of the scrip stood at Rs. 248.60 and Rs. 239.40 respectively. The current market cap of the company is Rs. 4324.18 crore.
The promoters holding in the company stood at 70.11%, while Institutions and Non-Institutions held 1.69% and 28.21% respectively.
Enviro Infra Engineers received a letter of acceptance (LoA) worth Rs 248.49 crore (excluding O&M & GST) from Bhopal Municipal Corporation. The LoA is for the design, construction and commissioning of sewerage network in 273.369 KM of North-East of Bhopal Municipal area including construction of Sewage Treatment Plant of 60 MLD and intermediate pumping stations and operation & maintenance (O&M) after completion of works. The engineering, procurement, and construction (EPC) is to be completed within 36 months from the date of commencement, followed by an O&M period of 5 years.
Enviro Infra Engineers is engaged in designing, construction, operation and maintenance of water and wastewater treatment plants and water supply scheme projects for government authorities/bodies.
