Market Performance
On Friday, June 20, EMS Limited's share price ended 0.4% higher, showing slight upward momentum amid broader market activity.
Main News: EMS Limited Secures ₹104 Cr Water Infra Project
EMS Limited has emerged as the lowest bidder (L-1) for a significant infrastructure contract from UP Jal Nigam (Urban).
Contract Highlights:
- Project Value: ₹104.06 Crore (excluding GST)
- Scope: Construction under the Agra Water Supply Re-Organization Scheme
- Zones: Trans Yamuna Zone-I & II – Package 1
The contract encompasses the design, supply, construction, and commissioning of several critical components for the water infrastructure in Agra.
Company Details: Project Scope Breakdown
The detailed scope of the ₹104 Crore project includes:
- Surveying, Soil Investigation, and Engineering
- Construction of Intake Well cum Pump House & Approach Bridge
- Laying of 1100mm dia Raw Water Rising Main (from intake well to WTP)
- Installation of a 55 MLD Water Treatment Plant using advanced treatment tech
- Testing and Commissioning of Entire System
Additional Notes:
- Project Completion Timeline: 24 months
- Order Type: Domestic
- Related Party Involvement: None
- EMS has committed to issuing updates as the project progresses.
Financial Snapshot (Latest Contract Only)
Although detailed financial data from quarterly results is not included in the source, here's a snapshot from this contract:
- Project Value: ₹104.06 Crore
- GST: Excluded from stated value
- Execution Timeline: 24 months
- Scope: Full turnkey execution
Summary
EMS Limited's share price gained slightly after securing a ₹104 Crore water infrastructure project from UP Jal Nigam under the Agra Water Scheme. This win strengthens EMS's position in India's growing water infrastructure segment, with work expected to span over the next two years. The company has clarified there is no related party involvement and will continue to provide updates as the project progresses.
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