Enviro Infra Engineers (EIE) is the top gainer on the BSE currently, jumping up 12%, with the stock trading at around Rs.193.75 versus a previous close of Rs.173.35. The scrip opened at Rs.185.05 and moved up to an intraday high of Rs.198.65, as buying tracked a fresh order pipeline update from Maharashtra.

The trigger was the company receiving Letters of Empanelment (LoEs) dated April 10, 2026 for two Swachh Maharashtra Mission Directorate projects under Swachh Bharat Mission (Urban) 2.0.

The first (Pune category, ULBs with STP capacity below 5 MLD) covers development of 120.50 MLD of STP capacity along with 209 km of interception & diversion network and 887.20 km of sewer network on an EPC basis across 306 urban local bodies (population <1 lakh), with a project value of around Rs.587.21 crore (including GST) and an execution timeline of 24 months.

The second (Nashik category, ULBs with STP capacity 5 MLD & above) involves 121.10 MLD of STP capacity with 105.50 km of I&D and 433.68 km of sewer network on EPC basis across the same ULB set, valued at about Rs.384.98 crore (including GST) over 24 months.

The market is reading this as a meaningful visibility kicker for an EPC player positioned in municipal water and wastewater, especially because the work scope is not just STPs but also long sewer-network packages, typically the bulk of the execution and billing in such programmes.

Enviro Infra Engineers operates in water and sewage infrastructure, and the Maharashtra LoEs reinforce the broader theme that urban sanitation and sewage treatment remain a sustained government spend pocket, supportive for order inflows across the sector but execution discipline and receivables management will likely decide which contractors translate this opportunity into earnings momentum.