Enviro Infra Engineers is currently trading at RS. 256.20, up by 3.80 points or 1.51% from its previous closing of RS. 252.40 on the BSE.
The stock opened at RS. 260.05 and has recorded a high of RS. 269.40 and a low of RS. 255.00 so far. A total of 900909 shares have been traded on the counter.
A BSE group 'B' stock with a face value of RS. 10, Enviro Infra Engineers touched a 52-week high of RS. 392.00 on December 17, 2024, and a 52-week low of RS. 170.10 on April 7, 2025. In the past week, the stock moved between RS. 269.40 and RS. 216.05. The company’s current market capitalization stands at RS. 4533.06 crore.
The shareholding pattern includes 70.09% held by promoters, 4.34% by institutions, and 25.57% by non-institutions.
In a strategic move, the company has approved the acquisition of a 100% equity stake in Sunaxis Renewables from its wholly-owned subsidiary EIE Renewables. Post-acquisition, Sunaxis Renewables will become a step-down wholly-owned subsidiary.
Sunaxis Renewables has been established as a Special Purpose Vehicle (SPV) to execute ground-mounted and floating Solar Power Projects (SPPs) across India. It will oversee the complete lifecycle of solar projects — from design and development to EPC, operation, and maintenance — in line with the guidelines set by state and central governments.
This acquisition supports Enviro Infra Engineers' long-term vision to expand into sustainable and future-focused sectors, particularly in renewable energy. The company's Board of Directors approved the acquisition at its meeting held on May 28, 2025.
Enviro Infra Engineers specializes in the design, construction, operation, and maintenance of water and wastewater treatment plants, as well as water supply projects for government agencies.