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EMS Limited has received a Rs 272.89 crore contract from Jaypee Infratech for civil and MEP works at the Orchards project in Noida. The project will be completed in 24 months. EMS share price closed at Rs 650.50, reflecting market volatility.
EMS Limited has secured a significant contract from Jaypee Infratech Limited for civil and MEP works at the Orchards multi-storeyed group housing project in Jaypee Wish Town, Noida. The contract is valued at approximately Rs 272.89 crore, excluding GST. This project will involve structural, finishing, and mechanical, electrical, and plumbing works for multiple towers. The completion timeline for the project is set at 24 months, reinforcing EMS Limited’s strong presence in the construction sector.
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EMS Limited has been awarded a Rs 272.89 crore contract from Jaypee Infratech for the Orchards project.
The project involves civil (structure and finishing) and MEP works.
The construction covers multiple high-rise towers in Jaypee Wish Town, Noida.
Completion timeline is set for 24 months.
EMS share price closed at Rs 650.50 after hitting an intraday low of Rs 637.60.
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The awarded contract includes work on multiple high-rise towers, with varying heights and infrastructure requirements. The towers under this project are:
Towers OCA-1 to OCA-3 with a structure of 2 basements, a stilt floor, parking or underground levels, and 33 floors.
Towers OCB-1 to OCB-5 with a structure of 2 basements, a stilt floor, parking or underground levels, and 38 floors.
The scope includes construction, finishing, and MEP installations, ensuring modern amenities and robust infrastructure in one of Noida’s premium residential developments.
Despite the contract win, EMS share price showed volatility in the stock market. The stock opened at Rs 678.00 but closed at Rs 650.50, registering a decline. It hit a high of Rs 682.00 and a low of Rs 637.60 during the trading session. The stock has seen fluctuations in recent months, with a 52-week high of Rs 1016.00 and a low of Rs 356.15.
Particulars | Value (Rs) |
Opening price | 678.00 |
Closing price | 650.50 |
Intraday high | 682.00 |
Intraday low | 637.60 |
52-week high | 1016.00 |
52-week low | 356.15 |
EMS Limited’s Rs 272.89 crore contract from Jaypee Infratech highlights its role in shaping Noida’s real estate landscape. With a 24-month completion timeline, the project adds to the company’s growing portfolio. However, EMS share price remains volatile, reflecting broader market trends. Investors will track project execution and financial performance for further insights.
Also read: BHEL wins Rs 6700 crore SCCL order for 800 MW Singareni project
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