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As on 09-Sep-2026  12:53

EMS Limited stock rises 3.67%, securing Rs 2.84 crore operations contract from NHAI

EMS Ltd. is up 3.67% to Rs 392.3 today, building on recent gains and rising 1.42% over the last week.

EMS Limited announced it has received a Letter of Award (LOA) from the National Highways Authority of India (NHAI) for operations at Varshamedi Fee Plaza in Gujarat, with an estimated order value of Rs 2,838.88 lakhs (excluding TCS). The contract, awarded through a competitive bidding process, involves user fee collection, upkeep, and maintenance for a period of one year on a four-lane section of NH-341, spanning from Bhimasar to Anjar-Bhuj Airport Junction.

Trading volume reached 6.41 lakh shares today, a decrease of 92.19% compared to the one-week average volume. EMS Ltd experienced a sharp decline of 30.72% year-over-year, underperforming the 4.59% loss registered by the NIFTY50 index.