EMS Limited Secures L-1 Status for ₹129.8 Crore Sewerage Project in Jodhpur

EMS Limited has emerged as the lowest bidder (L-1) for a major municipal sewerage project awarded by the Municipal Corporation Jodhpur in Rajasthan.

The company disclosed that the project carries an estimated contract value of ₹12,980.13 lakhs (₹129.80 crore) including GST (excluding Operation & Maintenance costs estimated at approximately ₹690 lakhs).

Key Details of the Contract

Awarding Authority: Municipal Corporation Jodhpur (Domestic Entity)

Scope of Work: Laying of new sewer lines in left-out areas, along with the redesigning and rejuvenation of old/damaged sewer lines and lateral sewerage systems across Jodhpur City.

Project Value: ₹12,980.13 lakhs (~₹129.80 crore)

Execution Period: 24 months

Shares of EMS Limited was last trading in BSE at Rs. 369.15 as compared to the previous close of Rs. 361.85. The total number of shares traded during the day was 18209 in over 861 trades.

The stock hit an intraday high of Rs. 376.50 and intraday low of 358.75. The net turnover during the day was Rs. 6688307.00.

Source : Equity Bulls

Keywords

EMS WaterSupply Management INE0OV601013 OrderWin L1