{"id":5485,"date":"2024-12-16T10:55:50","date_gmt":"2024-12-16T05:25:50","guid":{"rendered":"https:\/\/lakshmishree.com\/news\/?p=5485"},"modified":"2024-12-16T10:55:52","modified_gmt":"2024-12-16T05:25:52","slug":"enviro-infra-engineers-stock-hits-record-high-with-a-15-surge-in-two-days","status":"publish","type":"post","link":"https:\/\/lakshmishree.com\/news\/enviro-infra-engineers-stock-hits-record-high-with-a-15-surge-in-two-days\/","title":{"rendered":"Enviro Infra Engineers Stock Hits Record High with a 15% Surge in Two Days"},"content":{"rendered":"\n<p>Shares of Enviro Infra Engineers soared 7% on December 16, reaching a record high of Rs 318.90. The stock has now surged 15% in just two trading sessions, recovering strongly after a brief two-day losing streak.<\/p>\n\n\n\n<p>At 9:51 AM, Enviro Infra shares were trading at Rs 315.30 on the NSE. Trading volumes remained robust, with over one crore shares changing hands within the first hour, compared to the one-week daily average of three crore shares. This follows an exceptionally active previous session, where four crore shares were traded, propelling the stock to a 19% rise.<\/p>\n\n\n\n<p>Enviro Infra Engineers made a strong market debut on November 29, listing at a 50% premium to its issue price. Its IPO had drawn immense investor interest, being oversubscribed 89.90 times during its three-day bidding period. Since listing, the stock has more than doubled from its IPO price of Rs 148, reflecting continued bullish sentiment.<\/p>\n\n\n\n<p>Support from key market investors for the firm has also helped its case. Ace investor Mukul Agarwal owns over 1% stake in the company while Sunil Singhania invested through the Abakkus Diversified Alpha Fund during the anchor book allocation.<\/p>\n\n\n\n<p>Enviro Infra Engineers is an engineering company with a leading player in water and waste-water treatment projects, and has executed several construction and maintenance of water supply systems for government bodies. On strong fundamentals and marquee investor list, analysts remained positive for long-term prospects in the company.<\/p>\n\n\n\n<p>Do you have a news tip for Lakshmishree reporters? Please email us at <a>media@lakshmishree.com<\/a><\/p>\n\n\n\n<p><sub><sup>Source: <a href=\"https:\/\/www.moneycontrol.com\/news\/business\/markets\/enviro-infra-stock-zooms-to-record-high-skyrockets-15-in-two-days-12890605.html\" target=\"_blank\" data-type=\"link\" data-id=\"https:\/\/www.moneycontrol.com\/news\/business\/markets\/enviro-infra-stock-zooms-to-record-high-skyrockets-15-in-two-days-12890605.html\" rel=\"noreferrer noopener nofollow\">Moneycontrol<\/a><\/sup><\/sub><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shares of Enviro Infra Engineers soared 7% on December 16, reaching a record high of Rs 318.90. The stock has now surged 15% in just two trading sessions, recovering strongly after a brief two-day losing streak. At 9:51 AM, Enviro Infra shares were trading at Rs 315.30 on the NSE. Trading volumes remained robust, with [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":5486,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[50],"tags":[808],"class_list":["post-5485","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-indian-market","tag-enviro-infra-engineers"],"_links":{"self":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts\/5485","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/comments?post=5485"}],"version-history":[{"count":1,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts\/5485\/revisions"}],"predecessor-version":[{"id":5487,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts\/5485\/revisions\/5487"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/media\/5486"}],"wp:attachment":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/media?parent=5485"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/categories?post=5485"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/tags?post=5485"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}