Engineers India is currently trading at Rs. 158.25, up by 5.60 points or 3.67% from its previous closing of Rs. 152.65 on the BSE.
The scrip opened at Rs. 158.40 and has touched a high and low of Rs. 159.45 and Rs. 157.50 respectively. So far 85,000 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 169.90 on 29-Dec-2016 and a 52 week low of Rs. 71.63 on 17-Feb-2016.
Last one week high and low of the scrip stood at Rs. 156.45 and Rs. 152.05 respectively. The current market cap of the company is Rs. 10,694.00 crore.
The promoters holding in the company stood at 59.37%, while Institutions and Non-Institutions held 28.79% and 11.84% respectively.
Engineers India has bagged orders from HPCL for execution of VRMP. Hindustan Petroleum Corporation (HPCL) has entrusted the project for execution of Vizag Refinery Modernization Project (VRMP) to Engineers India (EIL).
EIL shall execute this project contract under two separate contracts, namely PMC Services for major Process Units and packages under U&O and Execution of U&O and PRU Revamp on Open Book Estimate (OBE) Basis. The total awarded order value is more than Rs 2,500 crore with a total project schedule of 43 months for Mechanical Completion.
Engineers India is a total solutions consultancy company and EPC contractor in petroleum refining, petrochemicals, pipelines, oil and gas terminals and storages, fertilizers, mining & metallurgy and infrastructure projects. The company is also diversifying into water and waste management and has made inroads into nuclear, solar and thermal power sectors.
