EMSLIMITEDNSEEMS LimitedHighPositive
Announced Wed, 6 May · 13:26 IST

Ems Limited has informed the Exchange about Bagging/Receiving of orders/contracts from UP Jal Nigam (urban) Varanasi for Rs. 6484.93 Lakhs

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EMSLIMITED · price

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Price reaction · full curve 14 horizons · vs prior close
+0.0%1-day move
₹369.00
prior close
₹366.85
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AI summary

EMS Limited has received a Letter of Award (LOA) from UP Jal Nigam (Urban), Varanasi for laying sewer networks and house connections in 18 problematic wards of Nagar Nigam, Varanasi. The order value is approximately Rs. 6484.93 Lakhs (excluding GST), and the work is to be completed within 18 months. The scope includes laying and jointing of sewer network and rising main, providing sewer house connections, and construction of a 23 MLD Sewage Pumping Station (SPS) on a turnkey basis. This follows the company's earlier intimation dated April 17, 2026, where it was declared the lowest bidder (L1). The order is awarded by a domestic government entity with no related party involvement.

Likely market impact

This is a positive development as it represents a substantial new order win, strengthening EMS Limited's order book in the municipal infrastructure segment. The order value of Rs. 64.85 crore from a government entity demonstrates continued execution capability in the water and sanitation sector.