Water and Wastewater Treatment Stock Rallies Over 10% After Securing a Rs 400 Crore Project in Bihar

Following the development, Enviro Infra Engineers Limited’s share price rose in early trade on Thursday, reaching a high of Rs 169.20, a gain of about 10.53 per cent from the previous closing price of Rs 153.08 on Wednesday.

Jal Jeevan Mission 2.0

The Union Cabinet has approved a proposal from the Ministry of Jal Shakti to change how the Jal Jeevan Mission is implemented. The programme will now focus more on service delivery, instead of only building infrastructure. The aim is to ensure a sustainable supply of safe piped drinking water in rural areas.

The Cabinet has increased the total outlay for the mission to Rs 8.69 lakh crore. Out of this, central assistance will be Rs 3.59 lakh crore. Earlier, in 2019-20, the approved central share was Rs 2.08 lakh crore. This means the government has added an extra Rs 1.51 lakh crore to the programme.

Enviro Infra Engineers Bags Rs 411 Crore Sewerage Project in Bihar

Adding to this, Enviro Infra Engineers Limited has received a new infrastructure contract worth Rs 411.08 crore from Bihar Urban Infrastructure Development Corporation Limited (BUIDCo).

Details of the Project

The project is for developing the Aurangabad Sewerage Network and STP Scheme under AMRUT 2.0, including - 

1. EPC of a 20 MLD Sewage Treatment Plant with all appurtenant structures and allied works. The plant will have scada controlled disinfection systems.
2. Construction of 8 pumping stations with a 5.4 km rising main and a 196 km sewerage network.
3. Operation and Maintenance (O&M) in the Aurangabad Town, Bihar, for 5 years after the project is completed. 

Under this contract, the company will carry out Engineering, Procurement and Construction (EPC) work followed by an Operation and Maintenance (O&M) period of 5 years. The EPC work is expected to be completed within 15 months from the start of the project. 

What does this order mean for the company’s Order Book?

As of December 31, 2026, the company had an order book of Rs 3,092.6 crore. In the month of January 2026, an order worth Rs 52 crore was received from a PSU for the installation of a 10 MW grid-connected, ground-mounted Solar power plant. This order is also included in the December 31, 2025, order book.

Now, this order from Bihar Urban Infrastructure Development Corporation Limited has increased the order book by Rs 411 crore.  

Enviro Infra Engineers Limited’s Share Price Performance

As of March 12, 2026, 10:12 IST, Enviro Infra Engineers Limited’s share price stood at Rs 168.63, up Rs 15.55, or 10.16 per cent, from the previous closing of Rs 153.08. The stock opened at Rs 156.28, reached a high of Rs 170.00, and fell to a low of Rs 151.74 during early trade.

Despite today’s gains, the year-to-date returns stand at -17.96 per cent, and over the past year, the returns have also been negative, at around -15.84 per cent.

Disclaimer: The article is for informational purposes only and not investment advice.