EMS Limited secures L-1 bid for Rs 191 cr Rajasthan water project

Govt Defence OrderBusiness Updates View source PDF Explain this filing

EMSLIMITED · price

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Price reactionminutes from the announcement price · days from the prior close

+2.1%Reaction day

₹394.20

prior close

₹409.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.5%+1.5% vs market

Waste Management peers, median of 7sector-1.2%+3.3% vs sector

On the reaction day the stock moved 1.5 pts more than Nifty Microcap 250 and 3.3 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

-0.7

10m

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15m

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30m

-1.6

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+2.1+0.5+1.5-1.2+3.3

Next day

+0.1+0.8-0.7-1.2+1.3

-2.6+1.0-3.6-1.4-1.2

-3.1+0.6-3.7-1.4-1.7

-4.8+1.2-6.0-0.1-4.7

-3.3+0.9-4.3-0.0-3.3

-4.4+1.6-6.0-0.7-3.7

15d

-0.6+1.9-2.5-1.8+1.2

-7.7+0.8-8.5-3.2-4.5

-23.2-5.7-17.5-13.1-10.1

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UpDownMarket · Nifty Microcap 250Sector · Waste Management peers, median of 7Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

EMS Limited has received L-1 (lowest bidder) status from the Public Health Engineering Department, Government of Rajasthan for building a 100 MLD Water Treatment Plant and allied distribution works in Kota under the AMRUT 2.0 scheme. The order value is about Rs 190.86 crores including GST, with 24 months execution plus 5 years of operation and maintenance. The formal Letter of Award is still awaited.

Likely market impact

Major government order win that strengthens the order book visibility. Letter of Award is not yet received, so the contract remains subject to final confirmation before execution begins.