Announced Tue, 7 Jul · 16:20 IST
EMS Ltd gets L-1 status for Delhi Jal Board sewerage order worth about Rs 158 cr
EMSLIMITED · price
▲ 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
+4.1%1-day move
₹403.90
prior close
₹415.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.6+2.3+1.4+0.8+4.1+14.2+8.7+6.4+9.8+3.0————
Up moveDown movePending
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.