EMS Ltd gets L-1 status for Delhi Jal Board sewerage order worth about Rs 158 cr

Order Above 5pct RevenueGovt Defence OrderBusiness Updates View source PDF Explain this filing

EMSLIMITED · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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

+2.1%Reaction day

₹403.90

prior close

₹415.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-2.0%+4.1% vs market

Waste Management peers, median of 6sector-2.6%+4.7% vs sector

On the reaction day the stock moved 4.1 pts more than Nifty Microcap 250 and 4.7 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

+1.6

10m

+2.3

15m

+1.4

30m

+0.8

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+2.1-2.0+4.1-2.6+4.7

Next day

+4.1-0.1+4.2-1.6+5.7

+14.2+1.2+13.0-0.5+14.7

+8.7+1.4+7.3-3.0+11.7

+6.4+0.4+6.1-3.6+10.1

+9.8+1.0+8.8-5.0+14.7

+3.0-0.5+3.5-4.0+7.0

15d

-2.1-0.6-1.5-6.8+4.7

-1.2+3.4-4.6-11.4+10.2

-5.9+6.0-12.0-17.9+11.9

-20.6+1.1-21.7-18.1-2.5

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

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

AI summary

EMS Limited has been declared the lowest bidder (L-1) by Delhi Jal Board for sewerage work at Tikri Kalan, Delhi. The order value is about Rs. 15,828.57 lakhs (around Rs. 158 crore) inclusive of GST. Scope covers providing, laying and jointing of internal and peripheral sewer lines, to be completed within 15 months. This is a domestic government order with no related party interest. The Letter of Award is still awaited.

Likely market impact

Positive: sizable government order strengthens revenue visibility, though L-1 status is not yet a final contract. Watch for Letter of Award confirmation.