EMS gets L-1 status for Rajasthan sewerage work worth about Rs 218.65 Cr

Govt Defence OrderBusiness Updates View source PDF Explain this filing

EMSLIMITED · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+2.8%Reaction day

₹372.15

prior close

₹391.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.6%+3.4% vs market

Waste Management peers, median of 8sector-0.9%+3.7% vs sector

On the reaction day the stock moved 3.4 pts more than Nifty Microcap 250 and 3.7 pts more than its Waste Management peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+2.8

10m

+3.5

15m

+3.1

30m

+0.8

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+2.8-0.6+3.4-0.9+3.7

Next day

+4.2+0.0+4.2-0.0+4.2

+3.1+0.7+2.4-0.1+3.2

+3.7+1.1+2.6-0.3+4.0

+2.1+1.6+0.5-0.5+2.6

+3.7+1.5+2.2+0.7+3.0

+2.8+1.4+1.4-1.6+4.4

15d

-3.5+0.4-4.0+1.8-5.3

-12.6-1.4-11.2-2.9-9.6

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UpDownMarket · Nifty Microcap 250Sector · Waste Management peers, median of 8Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

EMS Limited declared lowest bidder by Rajasthan Govt for sewerage and septage management work across 06 urban local bodies in Ganganagar, Hanuman Nagar and Churu districts. Estimated order value about Rs 21,864.75 Lakhs (around Rs 218.65 Crores) including GST. Execution in 18 months, plus 1 year defect liability and 10 years O&M. Final Letter of Award is still pending.

Likely market impact

Positive for order book. Confirms momentum in core sewerage segment with a sizeable government win. Letter of Award is still pending.