EMS Limited, a Ghaziabad-based water and sewerage infrastructure company, saw its shares decline by 14.43% this month, closing at ₹789.15 on Friday. The company reported robust Q3 results on January 24, which may provide a catalyst for recovery in the coming week.
The company reported a 35.4% year-on-year (YoY) increase in net profit to ₹50.5 crore for the quarter ended December 31, 2024, compared to ₹37.3 crore in the same period last year. Revenue from operations grew 23% to ₹245.3 crore, driven by higher execution of works.
On the operational front, EBITDA surged 52% YoY to ₹71.2 crore, with margins improving to 29%, up from 23.5% in the previous year. Ramveer Singh, Chairman of EMS, expressed optimism, highlighting the company’s growing order book as a reflection of its expertise and market confidence in its turnkey EPC capabilities.
EMS LIMITED Share Price history
| Day | Open | Close | Change % |
|---|---|---|---|
|
Fri, Jan 24 2025
|
₹805.00
|
₹789.15
|
-1.83%
|
|
Thu, Jan 23 2025
|
₹786.00
|
₹803.90
|
|
|
Wed, Jan 22 2025
|
₹825.70
|
₹791.25
|
-3.99%
|
|
Tue, Jan 21 2025
|
₹856.00
|
₹824.10
|
-3.33%
|
|
Mon, Jan 20 2025
|
₹847.70
|
₹852.50
|
|
|
Fri, Jan 17 2025
|
₹855.00
|
₹844.25
|
-1.48%
|
|
Thu, Jan 16 2025
|
₹809.45
|
₹856.95
|
|
|
Wed, Jan 15 2025
|
₹802.05
|
₹798.80
|
|
With these strong numbers, investors are eyeing the possibility of a rebound in EMS shares next week. However, market sentiment and broader trends will ultimately determine the stock’s movement.
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