Announced Thu, 20 Aug · 13:06 IST
EMS bags L-1 status for Rs 222 Cr water infra order from Rajasthan govt
EMSLIMITED · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+0.1%1-day move
₹394.20
prior close
₹404.95
base price
In-mkt
timing
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AI summary
EMS Limited has received lowest bidder (L-1) status from the Public Health Engineering Department, Government of Rajasthan for water infrastructure work in Udaipur district. The order, valued at approximately Rs. 22,245.82 lakhs (about Rs. 222 crores), covers water treatment plants, pumping stations, and about 185.4 km of pipeline under the AMRUT 2.0 scheme. Execution period is 24 months, with 5 years of O&M. Formal Letter of Award is yet to be received.
Likely market impact
Positive. Significant government order strengthens order book. L-1 status indicates likely win but formal Letter of Award is still pending.