New Delhi, October 29 (Udaipur Kiran): Shares of Enviro Infra Engineers surged over 2% in Tuesday’s trade after the company received a Letter of Acceptance (LoA) worth ₹248.49 crore (excluding O&M and GST) from the Bhopal Municipal Corporation.
The contract includes the design, construction, and commissioning of a 273.369 km sewerage network in the North-East area of Bhopal, along with the construction of a 60 MLD Sewage Treatment Plant (STP) and intermediate pumping stations. The EPC (Engineering, Procurement, and Construction) phase is scheduled to be completed within 36 months, followed by a five-year operation and maintenance (O&M) period.
At 11:00 a.m., Enviro Infra Engineers’ shares were trading at ₹246.35, up 2.67% from the previous close of ₹239.95 on the BSE. The stock opened at ₹241.00 and touched an intraday high of ₹248.60 and a low of ₹239.40, with 76,603 shares traded so far.
The BSE Group ‘B’ stock, with a face value of ₹10, has hit a 52-week high of ₹392.00 (December 17, 2024) and a 52-week low of ₹170.10 (April 7, 2025). The company currently commands a market capitalization of ₹4,324.18 crore.
Promoters hold 70.11% of the company’s equity, while institutions and non-institutions own 1.69% and 28.21%, respectively.
Enviro Infra Engineers specializes in the design, construction, and maintenance of water and wastewater treatment plants and water supply schemes for government authorities and public bodies.
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.