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 reactionminutes from the announcement price · days from the prior close

-0.3%Reaction day

₹369.00

prior close

₹366.85

announcement price

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Nifty Microcap 250market · in no size index; the smallest one is used+1.6%-1.9% vs market

Waste Management peers, median of 6sector+0.9%-1.2% vs sector

On the reaction day the stock moved 1.9 pts less than Nifty Microcap 250 and 1.2 pts less than its Waste Management peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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UpDownMarket · Nifty Microcap 250Sector · Waste Management peers, median of 6Pending

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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.