High ROE & High ROCE stock: This multi-disciplinary EPC company bags new order worth Rs 270.82 crore from Office of Municipal Corporation, Jaipur Heritage!

The stock has an ROE of 24.8 per cent and an ROCE of 32.7 per cent.

EMS Ltd informed that the company has awarded a contract of Rs 270.82 crores, out of which the value of capex is Rs 260.17 crore and the value of operation & maintenance work is Rs 10.65 crore. The order includes providing, laying, jointing, testing and commissioning of sewerage system and all ancillary works along with 1-year defect liability and 10 Years O & M for towns under package AMRUT 2.0, a. Jaipur (Heritage)- Sewer System. The order is received from the Office of Municipal Corporation, Jaipur Heritage.

EMS Limited is a company that specializes in providing turnkey services for water and wastewater collection, treatment, and disposal. EMS is headquartered in Delhi, India, and provides complete, single-source services from engineering and design to construction and installation of water, wastewater, and domestic waste treatment facilities.

Today, shares of EMS Ltd plunged 1.35 per cent to Rs 321.10 per share with an intraday high of Rs 329.45 and an intraday low of Rs 315.40. The stock’s 52-week high of Rs 334.95 and its 52-week low of Rs 246.50.

The company falls under the S&P BSE IPO Index with a market cap of over Rs 1,700 crore. According to the half-yearly results and annual results, the company reported amazing numbers.

The stock has an ROE of 24.8 per cent and an ROCE of 32.7 per cent. Investors should keep an eye on this multi-disciplinary EPC company’s stock.

Disclaimer: The article is for informational purposes only and not investment advice.