Announced Wed, 15 Jul · 14:39 IST
EMS Limited bags about Rs 103 cr sewer network LOA from UP Jal Nigam
Business Updates View source PDF
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
+0.7%1-day move
₹429.95
prior close
₹437.95
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.8+0.1-0.3+0.0+0.7-3.2+0.4-1.7-2.5-5.8————
Up moveDown movePending
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.