Thursday, November 5, 2026

Enviro Infra Engineers shares gain 10% after winning order worth ₹411 crore in Bihar

Date:

Shares of Enviro Infra Engineers Ltd. gained over 10% on Thursday, March 12, after the company said it has won a project worth ₹411.08 crore for a sewerage network in a Aurangabad, Bihar.The company said it received the letter of acceptance from the Bihar Urban Infrastructure Development Corporation Ltd. on Wednesday.


The contract is for the Aurangabad Sewerage Network and STP Scheme under AMRUT 2.0, it said. It includes engineering, procurement and construction (EPC) of 20 MLD sewage treatment plant with and all appurtenant structures and allied works, disinfection controlled with Scala including — building eight pumping station with 5,400 MTR rising main, sewerage network of 196 km and operation and maintenance for five years in Aurangabad, Bihar.The EPC part of the order is to be completed within 15 months from the date of commencement, while the operation and maintenance period will follow for five years.

Stocks like Enviro Infra, Shakti Pumps, EMS, and their peers have been in focus since Wednesday, after the Union Cabinet extended the duration of the Jal Jeevan Mission till 2028, and also increased the allocation towards the scheme.

Shares of Enviro Infra Engineers gained 10.7% to hit an intraday high of ₹169.39 on Thursday. The stock was up 8.2% at 165.7 apiece around 10.25 am. The stock is back above its IPO price of ₹148.

Also Read: Britannia shares can surge to ₹7,000, Antique says with a ‘buy’ rating

Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

Stocks to Watch for November 2: Reliance Industries, Jio Platforms, BEL, Vodafone Idea, IOC, M&M and more

From Reliance Industries and Jio Platforms reporting strong quarterly...

Nvidia chief Jensen Huang reportedly targeted in Chinese spy plot | World News

By Jonathan Swan , Maggie Haberman , Ana Swanson...

Anup Bagchi takes charge at HDFC Bank: Can he close the gap with ICICI Bank?

When Anup Bagchi takes charge as MD and CEO...

RBI Bulletin says Indian economy remains resilient but global risks are rising

India’s economy remains resilient despite a worsening global backdrop,...