CALCULATE YOUR SIP RETURNS

EMS Limited Secures Rs 140 Crore Project in Uttarakhand

22 July 20243 mins read by Angel One
EMS Limited has secured a Rs 140 crore project from Uttarakhand Power Corporation to enhance distribution infrastructure in Dehradun Rural Circle.
EMS Limited Secures Rs 140 Crore Project in Uttarakhand
ShareShare on 1Share on 2Share on 3Share on 4Share on 5

EMS Limited, headquartered in Delhi, is a distinguished multi-disciplinary Engineering, Procurement, and Construction (EPC) company specializing in comprehensive turnkey solutions. With a strong focus on water and wastewater management, EMS provides end-to-end services encompassing engineering, design, construction, and installation of critical infrastructure such as water treatment plants, wastewater treatment facilities, and domestic waste management systems.

Award of Rs 140 Crore Project in Uttarakhand

EMS Limited has secured a prestigious Rs 140 crore project from Uttarakhand Power Corporation. This project, aimed at enhancing distribution infrastructure and reducing losses in Uttarakhand’s EDC Dehradun Rural Circle, is a testament to EMS’s expertise and capability in delivering complex EPC projects.

Project Details and Scope

The contract entails supplying plant equipment, encompassing design, engineering, manufacturing, testing, transportation, insurance, installation, and related services. EMS Limited, in collaboration with its joint venture partner, will hold a majority share of 95% in executing this pivotal project. The initiative aligns with the reforms-based and results-linked distribution sector scheme, underscoring its strategic importance in enhancing regional infrastructure.

Stock Performance 

The stock of Ems has surged over 7% today and has made an intraday high of Rs.699 per share, The stock currently trades at Rs.685.20 per share and is up by 4.85% from its previous day’s closing price, The stock has given impressive returns of 143% over the past one year. The stock has a 52-week high and 52-week low of Rs.713 per share and Rs.246.50 per share respectively.

Conclusion: EMS Limited’s successful bid for the Rs 140 crore project reflects its commitment to innovation and excellence in the EPC sector. As the company prepares to embark on this transformative initiative in Uttarakhand, stakeholders can anticipate significant advancements in infrastructure development and operational efficiency. This project not only underscores EMS Limited’s capabilities but also highlights its pivotal role in driving sustainable growth and infrastructure enhancement in the region.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.

We're Live on WhatsApp! Join our channel for market insights & updates

Open Free Demat Account!

Enjoy ₹0 Account Opening Charges

Join our 2 Cr+ happy customers

+91
Enjoy ₹0 Account Opening Charges
4.4 Cr+DOWNLOADS
Enjoy ₹0 Account Opening Charges

Get the link to download the App

Send App Link
Get it on Google PlayDownload on the App Store
Open Free Demat Account!
Enjoy ₹0 Account Opening Charges