Enviro Infra Engineers Gains 2.6% After Securing ₹248.49 Crore Order from Bhopal Municipal Corporation

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.

Enviro Infra Engineers

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.

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