Water management stock jumps 5% after promoter increases stake in the Co.


This Engineering Stock is in focus after the Managing Director and Promoter of the Company acquired shares from the open market on March 11, 2025, increasing their stake to 37.32 percent.

InvestIQ MInvestIQ M

Share Price Movement

With a market capitalization of Rs. 379 Crore, the stock of Effwa Infra & Research opened at Rs. 166.45, up 2.87 percent from yesterday’s close, and after opening it made a high of Rs. 169.85 up 4.97 percent.

Stake Increase By Promoter

Managing Director and Promoter of the Company, Dr. Varsha Subhash Kamal purchased 10,800 Shares from open market on March 11, 2025.

Which is 0.05 percent of the total Equity Shares. Before the Purchase, she held 86,28,811 shares or 37.28 percent of the Company, after the Purchase she holds 86,39,611 shares or 37.32 percent of the Company.

Also read: Green energy stock jumps after commissioning Shajapur Solar Project in Madhya Pradesh

Financial Highlights

The company reported an 84.84 percent YoY increase in revenue from Rs. 33 Crore in H1FY24 to Rs. 61 Crore in H1FY25. Their Net profit saw an impressive increase of 400 percent from Rs. 1 Crore to Rs. 5 Crore for the same period.

Key Business Highlights

For H1FY25, the total Order book stood at Rs. 500 Crore+, the Company commissioned 3 new projects, increased their client base by 20 percent.

Company is continuously trying to increase its export business and has secured new orders from Tanzania, with several projects in the pipeline for Africa, they are also looking to enter the EU Markets.

About the Company

Fortified with over 25 years of successful track record behind its dynamic multidisciplinary team of engineers and scientists, Effwa Infra & Research Ltd. (EIRL) is an engineering powerhouse that offers cutting-edge environmental solutions to various Industries and Municipal Authorities across the globe.

sale banner 300 250sale banner 300 250
Written By Abhishek Das

Disclaimer

warning disclaimerwarning disclaimer

The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.



Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here

LATEST POSTS

Mukul Agrawal stock jumps after receiving $606,000 brass billets order from Dubai-based Co.

Shares of this micro-cap stock held by Mukul Agrawal, engaged in segregating brass scrap, manufacturing brass ingots, billets, and brass rods is drawing...

NPS, ELSS, PPF, SSY, Others: Invest In These Tax-Saving Schemes Before March 31 To Save FY25 Income Tax

Last Updated:March 13, 2025, 12:41 ISTTaxpayers have around 18 days left till March 31 to invest in tax-saving instruments like NPS, ELSS and PPS,...

Follow us

653FansLike
201FollowersFollow
467SubscribersSubscribe

Most Popular