Water management stocks’ company surged by 8% following the announcement of a significant order worth ₹105 crore from Deltabulk Shipping India.
Water management stock: Water Management, a turnkey solution provider with comprehensive in-house capabilities across the entire water management value chain, saw an 8 percent increase in its stock price during the day’s trading session after securing a new work order valued at Rs. 105.08 Crores.
Price Movement
With a market capitalization of Rs. 4,802 Crores, EMS Limited’s shares were trading at Rs. 864.75 per equity share, marking an 8 percent increase from the previous day’s closing price of Rs. 596.60.
New Work Order
EMS Limited, known for offering end-to-end services ranging from engineering and design to construction and installation of water, wastewater, and domestic waste treatment facilities, recently received a new work order from Deltabulk Shipping India Pvt Ltd worth Rs. 105.08 Crores. The project involves the development, operation, and maintenance of the Multimodal Logistics Park (MMLP) in Nagpur at Sindi, Wardha District, Maharashtra, under a Public Private Partnership on a Design, Build, Finance, Operate, and Transfer (DBFOT) basis, with completion expected within 8 months.
The project was initiated by NHAI in collaboration with DC Multi-Modal Park Limited, a special purpose vehicle of DeltaBulk Shipping India Pvt Ltd, to enhance multi-modal connectivity as part of the PM Gati Shakti National Master Plan.
EMS Limited, a leading turnkey solution provider with a robust in-house infrastructure, operates on a scalable and asset-light business model, backed by a strong financial position and extensive industry experience. The company boasts a diverse customer base spread across 6 states.
According to the latest financial reports, EMS Limited’s revenue from operations increased by 7.9 percent from Rs. 218.16 Crores in Q2FY24 to Rs. 235.5 Crores in Q2FY25, with profits rising from Rs. 45.28 Crores to Rs.
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