EMS Ltd Shares Rise as Company Secures L1 Position for ₹183.8 Cr UP Water Project
By Shishta Dutta | Published at: Jun 18, 2025 12:09 PM IST
June 18, 2025 – EMS Ltd (NSE: EMSLTD) rose 1.34% to ₹606 in early trade on Tuesday after emerging as the lowest (L1) bidder for a ₹183.8 crore infrastructure project awarded by Uttar Pradesh Jal Nigam. As of 11:39 AM IST, the stock was trading at ₹600.00, holding onto most of its early gains.
The project, which is focused on building water infrastructure, is expected to be completed in 24 months. This contract win makes EMS Ltd’s footprint in the waste and water management market even stronger. It also supports its strong project pipeline and growth in the infrastructure segment.
Key Trade Highlights (As of 11:39 AM IST)
| Metric | Value |
|---|---|
| Last Traded Price | ₹600.00 |
| Previous Close | ₹598.00 |
| Day’s High / Low | ₹610.00 / ₹599.85 |
| Traded Volume (Lakhs) | 1.40 |
| Traded Value (₹ Cr.) | ₹8.50 |
| VWAP | ₹605.56 |
| Market Cap (₹ Cr.) | ₹ 3,332. |
| Free Float Market Cap (₹ Cr.) | ₹1,018.83 |
| Adjusted P/E | 18.01 |
| Applicable Margin Rate | 22.86% |
52-Week Price Performance
| Metric | Value |
|---|---|
| 52-Week High | ₹1,016.00 (18-Dec-2024) |
| 52-Week Low | ₹507.40 (19-Jun-2024) |
| Daily Volatility | 2.95% |
| Annualised Volatility | 56.36% |
Market Order Snapshot
| Bid Price (₹) | Qty | Ask Price (₹) | Qty |
|---|---|---|---|
| 605.85 | 1 | 606.00 | 22 |
| 605.80 | 70 | 606.20 | 25 |
| 605.75 | 22 | 606.25 | 37 |
Buy Quantity: 45,105
Sell Quantity: 1,64,644
Strategic Significance
The ₹183.8 crore deal adds to EMS Ltd’s backlog of projects and strengthens its position in the municipal infrastructure market in northern India. The 24-month execution timeframe fits with the company’s ability to produce projects in the medium term, since it is an expert in water and waste management solutions.
EMS Ltd is a listed entity under the EQ series, operating in the waste management industry. It was listed on September 21, 2023. The company is actively engaged in providing sewerage and water supply solutions and has a robust presence in public infrastructure works across various Indian states.
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