EMS Limited emerges as L-1 bidder for Rs 218.65 crore Rajasthan sewerage project

Order above 5% of revenueGovernment or 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

+1.4%Reaction day

₹382.45

prior close

₹390.00

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.6%+0.8% vs market

Waste Management peers, median of 8sector+0.7%+0.7% vs sector

On the reaction day the stock moved 0.8 pts more than Nifty Microcap 250 and 0.7 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

+0.3

10m

+0.1

15m

+0.2

30m

+0.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.4+0.6+0.8+0.7+0.7

Next day

+0.3+1.3-0.9+1.4-1.1

+0.9+1.7-0.8+0.6+0.3

-0.7+2.2-2.9-0.1-0.5

+0.9+2.1-1.2+1.6-0.7

+2.4+1.9+0.6+2.0+0.4

-2.5-1.3-1.1+0.5-3.0

15d

-7.0+1.3-8.4+1.7-8.7

-14.9-0.8-14.1-3.0-11.9

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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 has emerged as the Lowest Bidder for a Rs 218.65 crore sewerage project from the Directorate of Local Bodies, Government of Rajasthan. Scope covers six Urban Local Bodies across Ganganagar, Hanumangarh and Churu districts and includes sewage treatment plants, sewerage networks, 18 months execution, plus 10 years of operations and maintenance. Order book stood at Rs 2,328.91 crore as of June 30, 2026. Q1 FY27 standalone operating income rose about 50% sequentially to Rs 125.72 crore.

Likely market impact

Positive for the stock - sizeable order win from a state government strengthens the Rs 2,328 crore order pipeline and reinforces urban water infrastructure focus.