Synopsis:

Effwa Infra & Research Ltd secured an EPC contract worth over Rs. 150 crores for the supply and commissioning of water treatment and ZLD plant for SAIL, to be completed in 18 months.

This Waste Management Stock, engaged in engineering, consultancy, procurement, construction, and integrated project management services, specializing in environmental pollution control, jumped 7 percent after receiving an EPC contract worth Rs. 150 crore from Hutni Projekt FM (India) Pvt. Ltd.

With a market capitalization of Rs. 574.86 crores, the share of Effwa Infra & Research Limited has reached an intraday high of Rs. 252.80 per equity share, rising nearly 7.44 percent from its previous day’s close price of Rs. 235.30. Since then, the stock has retreated and is currently trading at Rs. 248

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