Announced Tue, 7 Jul · 16:27 IST
EMS Limited gets L-1 status for Delhi Jal Board sewerage order worth Rs 158.29 cr
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
+4.1%1-day move
₹403.90
prior close
₹415.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.6+2.3+1.4+0.8+4.1+14.2+8.7+6.4+9.8+3.0————
Up moveDown movePending
AI summary
EMS Limited has secured the lowest bidder (L-1) status from Delhi Jal Board for sewerage work in Tikri Kalan, Delhi. The scope covers providing, laying and jointing internal and peripheral sewer lines under a proposed STP project. Estimated order value is around Rs. 15,828.57 lakhs (about Rs. 158.29 crores) inclusive of GST, to be executed over 15 months. This is a domestic government award with no related party interest. The Letter of Award is still pending.
Likely market impact
Positive for order book with a new government contract worth around Rs. 158 crores; final Letter of Award still pending.