20-Aug-2026      13:34

EMS Limited stock rises 3.35%, securing a Rs 10.58 crore sewerage infrastructure order from UP Jal Nigam

EMS Ltd. is up 3.35% to Rs 408.2, building on recent gains that have seen the stock rise 10.58% over the last week. EMS Limited announced it has received a Letter of Acceptance (LOA) from UP Jal Nigam (Urban), Varanasi, for sewerage work, following its earlier notification of securing the lowest bidder (L1) status on July 13, 2026. The order, awarded by a domestic entity, encompasses surveying, soil investigation, design, and supply of materials and labor for sewerage infrastructure in Varanasi's Ramnagar Zone, including a Sewage Treatment Plant and sewer network, with a total order value of Rs 10,581.65 lakhs (excluding GST) and a completion timeframe of 24 months. Trading volume reached 11.08 lakh shares today, a surge of 250.92% compared to the average volume of the last one week. EMS Ltd. experienced a sharp decline of 27.10% year-over-year, underperforming the 3.61% loss registered by the NIFTY50 index.

News source: Capital Market - Live News