Introduction:
Waste management stock secured a ₹272.88 crore contract for civil and MEP works in a Noida high-rise project. The 24-month project enhances its presence in urban infrastructure, reinforcing its expertise in large-scale residential and commercial developments.
Share Price movement of EMS:
On February 17, 2025, EMS Limited opened at ₹644.95, reaching a high of ₹671.70, up 3.33% from its previous close of ₹650.05, and a low of ₹627.80. Currently, it is trading at ₹648.30, with a market cap of ₹3,600.06 crore.
EMS received order worth ₹272 Cr:
EMS Limited has secured a Letter of Award from Jaypee Infratech Limited for civil and MEP works in a multi-storeyed group housing project, “ORCHARDS,” at Jaypee Wish Town, Noida. The awarded contract includes structural and finishing work for Towers OCA-1 to 3 and OCB-1 to 5.
The estimated order value is ₹272.88 crore (excluding GST), and the project is set for completion within 24 months. The contract, awarded by a domestic entity, reinforces EMS Limited’s expertise in large-scale infrastructure projects, contributing to urban development and high-rise residential construction in Noida.
This contract does not involve related party transactions, and the promoter group holds no interest in Jaypee Infratech Limited. The award strengthens EMS Limited’s market position in the real estate infrastructure sector, expanding its footprint in high-rise residential construction and premium urban projects.
Also Read: Railway stock jumps after it receives order worth ₹466 Cr from NLC India
Recent news About EMS :
On January 8, 2025, EMS Limited, in a joint venture, secured a ₹416.46 crore contract from Indore Municipal Corporation. The project involves designing and building sewage treatment plants with capacities of 120, 40, and 35 MLD, including 15 years of operation and maintenance on a DBOT basis.
Stock performance of EMS for Period of 1 week, 6 months and 1 year:
EMS Limited’s stock showed mixed performance across different periods. Over the past week, it declined by 8.07%. In the last six months, the stock dropped further by 23.5%. However, on a yearly basis, it recorded a strong gain of 28.8%, indicating long-term growth.
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Shareholding pattern of EMS:
| All values in % | Dec-24 | Sep-24 | Jun-24 |
| Promoters | 69.7 | 69.7 | 69.7 |
| FII | 0.66 | 0.75 | 0.88 |
| DII | 0.4 | 1.08 | 1.58 |
| Retail & others | 29.24 | 28.46 | 27.84 |
About EMS:
EMS Limited specializes in water and wastewater management, offering solutions for sewage treatment, water supply, and infrastructure projects. The company focuses on sustainable urban development, executing large-scale government and private sector contracts to enhance environmental management and sanitation across various regions in India.
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.
