Enviro Infra share jumps 5% after company bags Rs 400 crore ZLD CETP order from MIDC
Enviro Infra shares gained 5% after the company announced a major ₹400 crore contract from the Maharashtra Industrial Development Corporation (MIDC). As of 9:55 AM, the shares were trading 5.50% higher at Rs 258.69.
The project marks Enviro Infra Engineers Ltd's (EIEL) entry into the Zero Liquid Discharge (ZLD) Common Effluent Treatment Plant (CETP) segment — seen as a key growth area for the firm.
Under the contract, EIEL will design, build, and operate ZLD-based CETPs at Ichalkaranji, Hatkanangale, and Yadrav in Kolhapur, aimed at curbing pollution in the Panchganga River. The plants will use advanced technologies like ultrafiltration, reverse osmosis, and vapor recompression.
Chairman Sanjay Jain called the project a turning point for the company, highlighting its growing role in Maharashtra's environmental infrastructure sector.
Enviro Infra shares opened at ₹247.19 and, at the time of writing, touched a high of ₹259.50. It remains well below its 52-week high of ₹391.60, though still above the 52-week low of ₹182.00.
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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