Shares of Enviro Infra Engineers Ltd rose 3% to touch a day’s high of Rs 254.99 on 10th July, after the company announced it had won a Rs 395 crore project as the lead partner in a joint venture with AltoraPro Infrastructure, awarded by the Maharashtra Industrial Development Corporation (MIDC).

The contract involves upgrading common effluent treatment plants in Kolhapur district under the Panchganga River pollution control programme. The Letter of Intent was issued on 8th July, and the project is to be executed over 24 months.

The scope covers design, supply, construction, installation, testing, commissioning, and operation & maintenance of the zero liquid discharge facilities serving industrial estates in Ichalkaranji, Hatkanangale, and Yadrav.

The order is domestic, with no involvement from a promoter group or related-party interest.

At 11:18 AM, the shares of Enviro Infra were trading 2.87% higher at Rs 248.11 on NSE.

Wondering About Enviro Infra? The Analyst Has Answers.

Ready to invest like a pro? Unicorn Signals app equips you with 100+ Free tools and knowledge you need to succeed. Download the Unicorn Signals app and gain access to daily stock lists and insightful market analysis and much more!