Stock Market: The business got a bumper government tender worth Rs 104 crore, every investor will keep an eye on its stock on Monday
A huge action has been taken to enhance the drinking water system in Agra city of Uttar Pradesh. EMS Limited has actually gotten an unique tender under the first bundle of Agra Water Supply Re-Organization Scheme (Trans Yamuna Zone-I and II) by UP Jal Corporation (Urban).
The company has actually been chosen as the most affordable bid company (L-1) for infrastructure jobs of 104.06 crore. The stock price gotten on Friday after the federal government tender was gotten and now its stocks could see a decline on Monday. Under this scheme EMS Limited has intake welcome pump house, Approach Bridge, 1100 mm. Diameter Raw Water Rising Guy Pipeline and 55 MLD A water treatment plant is to be built. Advanced technology will be utilized at the water treatment plant, so that clean and drinking water can be offered in the areas of Yamuna. All operations associated with this project such as studies, clay investigation (Soil Examination), Engineering, Style, Material Materials, Building, Testing and Commissioning will be done by EMS Limited. The plan will be completed in an estimated period of 24 months.
EMS Limited has actually likewise made it clear that this order is entirely domestic (domestic) and does not have any associated celebration involvement. In the coming days, if any important info comes out of the project, the business will report it. EMS Ltd. is a multi-disordered EPC business, which provides services such as storage, purification and disposal by taking water and waste water (wastewater). The business’s head office lies in Delhi. EMS Limited has up until now completed more than 70 tasks in numerous states including Uttar Pradesh, Uttarakhand, Rajasthan, Bihar, Haryana, Madhya Pradesh and Maharashtra. To date, EMS Limited has cleansed more than 500 billion liters of wastewater and has actually arranged a sewage pipeline in length more than 1,400 km.
Shares of EMS Limited increased 0.4% on Friday, June 20, on the day of the statement of the task. The business’s present order book is Rs. 1,800 crore and Rs. Work is also underway on a new bidding pipeline worth Rs 4000 crore. IPO indicates initial public offer. When any business states its shares for the public, it is called the IPO, the first public deal. Click on this link to read such news of IPO. Source link
EMS Limited has actually gotten an unique tender under the first plan of Agra Water Supply Re-Organization Plan (Trans Yamuna Zone-I and II) by UP Jal Corporation (Urban). Diameter Raw Water Rising Male Pipeline and 55 MLD A water treatment plant is to be constructed. Advanced innovation will be used at the water treatment plant, so that clean and drinking water can be offered in the areas of Yamuna. EMS Ltd. is a multi-disordered EPC company, which uses services such as storage, filtration and disposal by taking water and waste water (wastewater).
