Enviro Infra Engineers share price: The company said the acquisition is in line with its long-term plan to expand into renewable and sustainable energy.
Stocks to Watch, 21 August: Stocks like Clean Science and Technology, Shanti Gold International, India Cements, RailTel Corporation of India, Jupiter Wagons, V-Guard Industries, Fortis Healthcare, Innova Captab, Poly Medicure, Enviro Infra Engineers, and Prostarm info Systems will be in focus on August 21.
Stocks to Watch, 19 August: Stocks like BlueStone Jewellery, Aditya Infotech, Vedanta, Hindustan Zinc, Marine Electricals, All Time Plastics, Engineers India, GNG Electronics, Seamec, and Goldiam International will be in focus on August 19.
Stocks to Watch, 25 July: Stocks like Sun Pharma, eClerx Services, Indian Energy Exchange, Anant Raj, REC, Aether Industries, Larsen & Toubro, Torrent Power, Enviro Infra Engineers, GR Infraprojects, and Adani Enterprises will be in focus on July 25.
Stocks to Watch, 10 July: Stocks like Tata Consultancy Services, Cryogenic OGS, Embassy Office Parks REIT, Indosolar, Enviro Infra Engineers, Emcure Pharmaceuticals, HCL Technologies, and Crizac will be in focus on July 10.
Enviro Infra Engineers is engaged in designing, construction, operation and maintenance of water and wastewater treatment plants and water supply scheme projects for government authorities/bodies
Stocks to Watch, 24 Jun: Stocks like Biocon, Enviro Infra Engineers, HG Infra Engineering, Garware Technical Fibres, Metro Brands, Saurashtra Cement, Devyani International, JSW Energy, Sona BLW Precision Forgings, Allcargo Logistics, Dixon Technologies, Kerala Ayurveda, and Eppeltone Engineers will be focus on June 24.
The recently-listed Mamata Machinery saw its net profit surge over 11 percent to Rs 27 crore in Q4 FY25, from Rs 20.96 crore in Q4 FY24.
Enviro Infra Engineers stock has rallied a staggering 156 percent from the IPO price.
India's water and waste water sector is significant, with an estimated annual market size of Rs 25,000-30,000 crore. The sector is projected to grow at 12-15 percent annually over the next 4-5 years
Shares of Enviro Infra have continued its stellar surge post its market debut as the stock has already gained more than twofold from its IPO price of Rs 148.
Enviro Infra Engineers | The water and wastewater management solutions provider's market capitalisation stood at Rs 3,633.47 crore.
India Q2 GDP Data Latest News Today (November 29): Q2FY25 GDP growth of 5.4% lowest since Q3FY23; manufacturing growth at 2.2% vs 14.3% (YoY) & vs 7% (QoQ)
Enviro Infra Engineers had priced its Rs 650-crore IPO in the range of Rs 140-148 per share.
Enviro Infra IPO GMP has surged in the unofficial market as investors await the allotment of shares on November 27.
The grey market premium for Enviro Infra's ₹650-crore IPO has seen a slight dip on the final day of its subscription period.
Enviro Infra IPO GMP has climbed to approximately 35 percent, according to market observers, indicating a strong listing gain on Friday.
Enviro Infra Engineers IPO | The company targets to raise Rs 650 crore through its maiden public issue, at the upper end of price band of Rs 140-148 per share.