Enviro Infra shares surge 9% today on heavy volumes
Enviro Infra shares surged 9% in morning trade on Friday, buoyed by strong investor interest and heavy volumes. The stock opened at ₹278.21 and quickly climbed to an intraday high of ₹304.50, before easing slightly. As of 10:13 AM, the shares were trading 9.49% higher at Rs 304.32.
Enviro Infra has seen a wide 52-week range, hitting a high of ₹391.60 and a low of ₹182.00, reflecting the stock's volatile journey over the past year.
In the meantime, on July 11, the company announced a significant ₹400 crore order win from the Maharashtra Industrial Development Corporation (MIDC). The order marks Enviro Infra Engineers Ltd's (EIEL) entry into the Zero Liquid Discharge (ZLD) Common Effluent Treatment Plant (CETP) segment — a move hailed as a milestone in its long-term growth journey.
The project involves the upgradation of CETPs at Ichalkaranji, Hatkanangale, and Yadrav in the Kolhapur region, aimed at preventing industrial pollution in the Panchganga River. The ₹400 crore contract covers the design, construction, and commissioning of advanced ZLD systems using ultrafiltration, reverse osmosis, and multiple vapor recompression technologies. EIEL will also be responsible for operations and maintenance.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.
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Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at BusinessUpturn.com
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