Mumbai, October 17 (Daily Kiran): Shares of EMS Ltd gained over 1.6% in Friday’s trading session after the company announced that it has received a Letter of Acceptance (LoA) worth Rs. 183.81 crore (excluding GST) from UP Jal Nigam (Urban). The contract involves the construction of various components for the Fatehpur Sewerage and Sewage Treatment Scheme Zone-1 in Fatehpur district, Uttar Pradesh. The project is scheduled to be completed within 24 months.
At the BSE, EMS was trading at Rs. 546.70, up Rs. 8.75 or 1.63% from its previous close of Rs. 537.95. The stock opened at Rs. 537.00 and touched an intraday high of Rs. 550.40 and a low of Rs. 537.00. Around 2,223 shares were traded during the session.
The company’s current market capitalization stands at Rs. 3,039.76 crore. In the shareholding pattern, promoters hold 69.70%, institutions 0.48%, and non-institutional investors 29.80%.
The scrip has recorded a 52-week high of Rs. 1,016.85 (on December 18, 2024) and a 52-week low of Rs. 529.00 (on August 29, 2025). Over the past week, the stock traded between Rs. 550.40 and Rs. 530.00.
EMS Ltd is a leading infrastructure and utility solutions company, engaged in providing sewerage solutions, water supply systems, wastewater and water treatment plants, as well as electrical transmission, road, and allied works. The company also manages operation and maintenance of Wastewater Scheme Projects (WWSPs) and Water Supply Scheme Projects (WSSPs) for various government bodies.
The new contract further strengthens EMS’s presence in the water infrastructure segment and reinforces its reputation as a key player in wastewater management and sustainable urban development projects across India.
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