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Enviro Infra Engineers Share Price Hits 52-Week High, Up 6% Today

16 December 20242 mins read by Angel One
Enviro Infra Engineers' share price reached a 52-week high, rising by 6% in today's trading.
Enviro Infra Engineers Share Price Hits 52-Week High, Up 6% Today
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On December 16, 2024, Enviro Infra Engineers’ share price traded 6.67% higher at ₹314.06 as of 10:50 AM on the NSE. The stock opened at ₹305, higher than the previous close of ₹394.41. The stock has gained more than 15% over the last two trading sessions, marking a continuous upward trend over the past three days.

Board Meeting to Approve Results

A meeting of the Board of Directors of the company is scheduled to be held on 18th December 2024, the company said in a press release on the stock exchanges.

The agenda includes the consideration and approval of the standalone and consolidated Unaudited Financial Results for the quarter and half-year ended September 30, 2024.

Additionally, a presentation on the financial results for the said period will be made to analysts and institutional investors on the same day after the meeting.

Robust Market Debut Performance

The stock had a strong market debut on November 29, 2024, opening at nearly a 50% premium to its issue price. The public offering received significant investor demand, with the issue being subscribed 89.90 times during the three-day bidding period.

About Enviro Infra Energies

Enviro Infra Engineers is a company that focuses on providing environmental engineering solutions. They specialise in offering a range of services related to environmental management, including waste management, pollution control, and sustainable infrastructure development.

Their solutions cater to various sectors including industrial, municipal, and commercial projects. The company is known for its expertise in designing and implementing eco-friendly systems and processes aimed at reducing environmental impact.

 

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.

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