Engineers India is currently trading at Rs. 237.00, up by 1.95 points or 0.83% from its previous closing of Rs. 235.05 on the BSE.
The scrip opened at Rs. 237.00 and has touched a high and low of Rs. 238.70 and Rs. 236.65 respectively. So far 3,146 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 288.50 on 07-Feb-2012 and a 52 week low of Rs. 195.00 on 20-Dec-2011.
Last one week high and low of the scrip stood at Rs. 251.00 and Rs. 233.00 respectively. The current market cap of the company is Rs. 7,985.00 crore.
The promoters holding in the company stood at 80.40% while Institutions and Non-Institutions held 13.10% and 6.50% respectively.
Engineers India (EIL) has bagged a project management consultancy contract from Cairn Energy India for its enhanced oil recovery project for Mangala oilfield in the prolific Rajasthan block. The company will provide Front End Engineering and Design (FEED) for the Mangala Polymer Project.
The project includes setting up of additional surface facilities for 15 existing well pads with associated pipelines and infrastructure facilities for the development of a polymer flood at Mangala (oilfield) for enhanced crude oil recovery.
EIL is an engineering consultancy company and EPC contractor in the fields of petroleum refining, petrochemicals, pipelines, oil & gas terminal & storages, mining & metallurgy and infrastructure projects.
