EMS Limited bags about Rs 103 cr sewer network LOA from UP Jal Nigam

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EMSLIMITED · price

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

+3.1%Reaction day

₹429.95

prior close

₹437.95

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.6%+2.5% vs market

Waste Management peers, median of 6sector-1.3%+4.4% vs sector

On the reaction day the stock moved 2.5 pts more than Nifty Microcap 250 and 4.4 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

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Sessions after the filingfrom the prior close

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Reaction day

+3.1+0.6+2.5-1.3+4.4

Next day

+0.7+0.2+0.5-1.3+2.0

-3.2-0.9-2.3-2.4-0.8

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UpDownMarket · Nifty Microcap 250Sector · Waste Management peers, median of 6Pending

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

AI summary

EMS Limited received Letter of Acceptance from UP Jal Nigam (Urban), Varanasi for laying sewer networks and house connections in 4 wards (Shivpurwa, Tulasipur, Birdopur, Kajipura) of Nagar Nigam, Varanasi on a turnkey basis. Order value is about Rs 102.85 crores excluding GST, to be completed in 24 months. The order is domestic with no related party interest.

Likely market impact

Positive - government order of about Rs 103 cr adds to order book and supports revenue visibility over 24 months.