📷 Image: Wikimedia Commons / Dietmar Rabich
Business
EMS Infrastructure shares jump after securing Rajasthan sewerage contract
✍️ CNBC TV18
🗓 04 Sep 2026, 01:35 AM
👁 18
The stock of EMS Infrastructure Ltd rose after the company was awarded a sewerage project in Rajasthan, marking its sixth contract win in the past two weeks.
EMS Infrastructure Ltd, a prominent Indian infrastructure developer, disclosed that it has secured a sewerage treatment project in the state of Rajasthan. The contract, awarded by the state government, covers the design, construction and operation of a wastewater management system for a designated area.
The news prompted a noticeable rise in EMS shares on the stock exchanges, with market participants citing the company's growing order book and its expanding footprint in the water and sanitation sector. Analysts view the win as a sign of confidence in EMS's technical capabilities and execution track record.
This assignment is the sixth contract the firm has clinched within a fortnight, highlighting an accelerating pace of order acquisition. EMS has indicated that it will mobilise resources swiftly to commence work, aligning with Rajasthan's broader push to upgrade urban sanitation infrastructure.
The Rajasthan government has been actively pursuing projects to expand sewerage networks under its urban development initiatives, and the involvement of EMS is expected to contribute significantly to meeting those targets.
The news prompted a noticeable rise in EMS shares on the stock exchanges, with market participants citing the company's growing order book and its expanding footprint in the water and sanitation sector. Analysts view the win as a sign of confidence in EMS's technical capabilities and execution track record.
This assignment is the sixth contract the firm has clinched within a fortnight, highlighting an accelerating pace of order acquisition. EMS has indicated that it will mobilise resources swiftly to commence work, aligning with Rajasthan's broader push to upgrade urban sanitation infrastructure.
The Rajasthan government has been actively pursuing projects to expand sewerage networks under its urban development initiatives, and the involvement of EMS is expected to contribute significantly to meeting those targets.