EMS Limited bags Rs 158.29 cr sewerage LOI from Delhi Jal Board

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

+6.2%Reaction day

₹385.50

prior close

₹394.90

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.1%+5.1% vs market

Waste Management peers, median of 6sector+0.2%+6.0% vs sector

On the reaction day the stock moved 5.1 pts more than Nifty Microcap 250 and 6.0 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

+1.5

10m

+5.2

15m

+4.4

30m

+3.3

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+6.2+1.1+5.1+0.2+6.0

Next day

+7.9+2.4+5.5+0.3+7.6

+5.8+2.9+3.0-0.1+5.9

+5.6+4.2+1.4-0.5+6.1

+5.7+4.6+1.1-0.8+6.5

+4.8+4.6+0.2-1.6+6.4

+2.1+4.4-2.2-2.9+5.0

15d

+2.3+5.7-3.4-8.0+10.4

-2.2+6.6-8.8-5.8+3.5

-11.9+5.4-17.3-8.2-3.7

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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 has received a Letter of Intent from Delhi Jal Board for sewerage work in Tikri Kalan, Delhi. The order, worth about Rs 15,828.57 lakhs (around Rs 158.29 crores) inclusive of GST, involves providing, laying and jointing internal and peripheral sewer lines under a proposed STP project. Work must be completed within 15 months. EMS had earlier been declared the L1 lowest bidder on July 7, 2026, and the LOI confirms the award. No related-party interest is involved.

Likely market impact

Confirms a sizeable government order, lifting the order book; positive for revenue visibility over the next 15 months.