EMSLIMITEDNSEEMS LimitedMediumPositive
Announced Mon, 4 May · 17:31 IST

Ems Limited has informed the Exchange about Bagging/Receiving of orders/contracts by UP Jal Nigam, Varanasi

Order Above 5pct RevenueBusiness Updates View source PDF

EMSLIMITED · price

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▲ 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
+6.3%1-day move
₹346.00
prior close
₹356.70
base price
After-mkt
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5m10m15m30m1D2D3D4D5D7D15D1M2M3M
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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 contract covers surveying, soil investigation, design, and supply of materials and labour on a turn-key basis. The estimated order value is Rs. 14,379.53 lakhs (approximately Rs. 143.8 crore), excluding GST. The work is to be completed within 24 months. This follows the company's earlier intimation dated April 17, 2026, where it was declared the lowest bidder (L1). The company confirmed there is no related party interest or promoter involvement in the awarding entity.

Likely market impact

This is a major domestic infrastructure order worth over Rs. 143 crore, representing a significant contract win. Given the size relative to typical company revenues, this order is likely to materially boost the company's order book and revenue visibility over the next 2 years.