Latest news with #EnviroInfraEngineers
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Business Standard
5 days ago
- Business
- Business Standard
Here's why Enviro Infra's share price skyrocketed 14% in trade today
Enviro Infra share price: Enviro Infra Engineers (Enviro Infra) share price was in demand on Friday, July 11, 2025, with the stock rising as much as 14.11 per cent to hit an intraday high of ₹279.80 per share on Thursday, July 10, 2025. At 12:15 PM, Enviro Infra Engineers share price was trading 11.83 per cent higher at ₹274.20 per share. By comparison, BSE Sensex was trading 0.81 per cent lower at 82,518.28 levels. CATCH STOCK MARKET LIVE UPDATES TODAY Why did Enviro Infra Engineers share price zoom in trade today? Enviro Infra Engineers shares surged in today's trade after the company announced its entry into the Zero Liquid Discharge (ZLD) segment. The rally followed an update that the firm secured a ₹400 crore project from the Maharashtra Industrial Development Corporation (MIDC), aimed at curbing pollution in the Panchganga River. The contract involves upgrading Common Effluent Treatment Plants (CETPs) with advanced ZLD technology across the co-operative industrial estates of Ichalkaranji, Hatkanangale, and Yadrav in Kolhapur district. Sanjay Jain, chairman, Enviro Infra Engineers, said 'Securing this project marks a pivotal moment for us, as we enter the ZeroLiquid Discharge space with a technically advanced, environmentally significant assignment. It not only underlines our engineering capabilities but also represents our strategic expansion into Maharashtra, a state that holds immense potential for sustainable infrastructure development. We are proud to contribute to the environmental restoration of the Panchganga River and look forward to delivering the project to the highest standards.' The project scope, meanwhile, covers design, supply, installation, construction, testing, commissioning, performance guarantee testing, and long-term operation and maintenance of the facilities. With a 24-month execution timeline, this initiative is among the largest environmental infrastructure projects under MIDC's river pollution abatement programme. 'With this win, EIEL further strengthens its position as a national player in water and wastewater EPC solutions, aligned with India's long-term environmental goals,' Enviro Infra said. Enviro Infra Engineers IPO listing Enviro Infra Engineers made a strong debut on the stock exchanges on November 29, 2024. The stock listed at ₹218 on the BSE, a 47.3 per cent premium over its issue price, and at ₹220 on the NSE, reflecting a 48.65 per cent premium. About Enviro Infra Engineers Enviro Infra Engineers is a leading environmental engineering firm specialising in the design, construction, operation, and maintenance of water and wastewater treatment facilities, primarily for government clients. The company has a significant presence in developing Sewage Treatment Plants (STPs), Common Effluent Treatment Plants (CETPs), Water Treatment Plants (WTPs), and Water Supply Schemes (WSSPs). It is also engaged in river rejuvenation projects under the Hybrid Annuity Model (HAM), including key initiatives like the Namami Gange Programme. With a focus on sustainability, Enviro Infra leverages advanced technologies such as Zero Liquid Discharge (ZLD) to support environmental protection and public health. Backed by strong financials, a robust order book, and healthy cash flows, the company is expanding into the clean energy space through its subsidiary, with interests in solar, hydropower, green hydrogen, and 24x7 renewable energy solutions. Enviro Infra's strong in-house design and engineering capabilities position it well to execute large-scale, complex infrastructure projects efficiently.
Business Standard
5 days ago
- Business
- Business Standard
Enviro Infra edges higher after bagging maiden order in ZLD space from MIDC
Enviro Infra Engineers advanced 2.02% to Rs 249.30 after the company announced that it has secured a project from the Maharashtra Industrial Development Corporation (MIDC) aimed at pollution control of the Panchganga River worth Rs 400 crore. The project entails the upgradation of common effluent treatment plants (CETPs) with advanced Zero Liquid Discharge (ZLD) technology in the co-operative industrial estates of Ichalkaranji, Hatkanangale, and Yadrav in Kolhapur district. The scope of work includes design, supply, installation, construction, testing, start-up, commissioning, performance guarantee testing, and operation & maintenance of the CETPs. This project, with a completion timeline of 24 months, is one of the largest environmental infrastructure assignments under MIDCs river pollution abatement program. Sanjay Jain, chairman, Enviro Infra Engineers, said: Securing this project marks a pivotal moment for us, as we enter the Zero Liquid Discharge space with a technically advanced, environmentally significant assignment. It not only underlines our engineering capabilities but also represents our strategic expansion into Maharashtra, a state that holds immense potential for sustainable infrastructure development. We are proud to contribute to the environmental restoration of the Panchganga River and look forward to delivering the project to the highest standards." Enviro Infra Engineers is in the business of designing, construction, operation, and maintenance of water and wastewater treatment plants (WWTPs) and water supply scheme projects (WSSPs) for government authorities and bodies. The company's consolidated net profit rose 27.22% to Rs 73.24 crore as revenues increased by 27.22% to Rs 73.24 crore in Q4 FY25 as compared with Q4 FY24.
Business Standard
6 days ago
- Business
- Business Standard
Enviro Infra surges after bagging Rs 396 crore MIDC pollution control project
Enviro Infra Engineers rose 2.55% to Rs 247.15 after the firm, as the lead partner in a joint venture with AltoraPro Infrastructure, secured a Rs 395.50 crore pollution control project from the Maharashtra Industrial Development Corporation (MIDC). The scope of work includes upgradation of common effluent treatment plants (CETPs) with zero liquid discharge (ZLD) in cooperative industrial estates of Ichalkaranji, Hatkanangale, and Yadrav in Kolhapur District. This is a domestic contract with an execution period of 24 months. The total consideration for the contract is Rs 395.50 crore, exclusive of applicable taxes. The promoter/promoter group companies do not have any interest in the entity that awarded the orders. Additionally, the orders do not fall within related party transactions. Enviro Infra Engineers is in the business of designing, construction, operation, and maintenance of water and wastewater treatment plants (WWTPs) and water supply scheme projects (WSSPs) for government authorities and bodies. The company's consolidated net profit rose 27.22% to Rs 73.24 crore as revenues increased by 27.22% to Rs 73.24 crore in Q4 FY25 as compared with Q4 FY24.
Mint
6 days ago
- Business
- Mint
Enviro Infra Engineers share price jumps 6% as JV secures ₹395 crore order
Enviro Infra Engineers share price in focus: Enviro Infra Engineers, a recent entrant to the Indian stock market, saw its shares surge 5% in early trade on Thursday, July 10, hitting a six-week high of ₹ 255 apiece after the company, along with its joint venture with AltoraPro Infrastructure, secured an order worth ₹ 395 crore. The company informed the exchanges on Wednesday that it had entered into a joint venture (JV) with AltoraPro Infrastructure Pvt Ltd under the name "Enviro Infra Engineers Limited AIEPL JV." The JV has received a Letter of Intent (LOI) dated July 8, 2025, for a project involving the design, supply, installation, construction, testing, commissioning, and operation & maintenance of a Common Effluent Treatment Plant (CETP). The project, awarded by the Maharashtra Industrial Development Corporation (MIDC), is valued at ₹ 395 crore and is expected to be executed within 24 months. Enviro Infra Engineers is the lead member in the JV, and this order marks a significant addition to the company's execution pipeline. This marks the company's second major order in less than three weeks. On June 23, Enviro Infra Engineers had secured engineering, procurement, and construction (EPC) contracts for sewage treatment plants (STPs), including 15 years of operation and maintenance (O&M), from various municipal corporations in Chhattisgarh. The combined value of these projects was ₹ 306.30 crore. Meanwhile, the company recently forayed into the renewable energy sector by acquiring two key solar power projects with a combined capacity of 69 MW (AC). The company's shares made their stock market debut in November 2024, listing at ₹ 220 on the NSE, marking a 48.65% premium over the issue price of ₹ 148. The stock maintained its momentum in the following months, touching a fresh peak of ₹ 391.60. However, the stock could not sustain its upward move after hitting the all-time high. At current levels, it is trading 35% below its peak, but still 72.3% higher than its IPO price.
Mint
6 days ago
- Business
- Mint
Enviro Infra Engineers share price jumps 6% as JV secures ₹395 crore order
Enviro Infra Engineers share price in focus: Enviro Infra Engineers, a recent entrant to the Indian stock market, saw its shares surge 5% in early trade on Thursday, July 10, hitting a six-week high of ₹ 255 apiece after the company, along with its joint venture with AltoraPro Infrastructure, secured an order worth ₹ 395 crore. The company informed the exchanges on Wednesday that it had entered into a joint venture (JV) with AltoraPro Infrastructure Pvt Ltd under the name "Enviro Infra Engineers Limited AIEPL JV." The JV has received a Letter of Intent (LOI) dated July 8, 2025, for a project involving the design, supply, installation, construction, testing, commissioning, and operation & maintenance of a Common Effluent Treatment Plant (CETP). The project, awarded by the Maharashtra Industrial Development Corporation (MIDC), is valued at ₹ 395 crore and is expected to be executed within 24 months. Enviro Infra Engineers is the lead member in the JV, and this order marks a significant addition to the company's execution pipeline. This marks the company's second major order in less than three weeks. On June 23, Enviro Infra Engineers had secured engineering, procurement, and construction (EPC) contracts for sewage treatment plants (STPs), including 15 years of operation and maintenance (O&M), from various municipal corporations in Chhattisgarh. The combined value of these projects was ₹ 306.30 crore. Meanwhile, the company recently forayed into the renewable energy sector by acquiring two key solar power projects with a combined capacity of 69 MW (AC). The company's shares made their stock market debut in November 2024, listing at ₹ 220 on the NSE, marking a 48.65% premium over the issue price of ₹ 148. The stock maintained its momentum in the following months, touching a fresh peak of ₹ 391.60. However, the stock could not sustain its upward move after hitting the all-time high. At current levels, it is trading 35% below its peak, but still 72.3% higher than its IPO price. Disclaimer: The views and recommendations given in this article are those of individual analysts. These do not represent the views of Mint. We advise investors to check with certified experts before taking any investment decisions.
