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Engineers India jumps on inking pact with CSIR-CSIO for joint commercialization of Earthquake Warning System

Engineers India Ltd. | Engineering - Construction | Construction & Infrastructure | BSE: 532178 | NSE: ENGINERSIN

01 Jul 2022 Evaluate

Engineers India is currently trading at Rs. 58.40, up by 1.40 points or 2.46% from its previous closing of Rs. 57.00 on the BSE.

The scrip opened at Rs. 57.40 and has touched a high and low of Rs. 58.60 and Rs. 56.55 respectively. So far 109382 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 82.45 on 19-Oct-2021 and a 52 week low of Rs. 55.95 on 20-Jun-2022.

Last one week high and low of the scrip stood at Rs. 58.70 and Rs. 56.65 respectively. The current market cap of the company is Rs. 3276.71 crore.

The promoters holding in the company stood at 51.32%, while Institutions and Non-Institutions held 19.79% and 28.89% respectively.

Engineers India (EIL) and CSIR-CSIO, Chandigarh, have signed an agreement for joint commercialization of Earthquake Warning System. Engineers India is engaged by CSIR-CSIO as the technology commercialization partner for next five years on June 30, 2022.

Under this agreement, CSIR-CSIO and EIL will jointly commercialize the technology of ‘Earthquake Warning System’ (Technology EqWS developed by CSIR-CSIO is in operation for Delhi Metro Rail Corporation since August 2015). This agreement will not only help save lives in future but also help both the organizations to increase the scope of application areas e.g. critical infrastructures/installations where this technology can be put to use.

Engineers India is engaged in the business of providing engineering and related technical services for petroleum refineries and other industrial projects.

Engineers India Share Price

241.55 13.05 (5.71%)

17-Apr-2026 16:59 View Price Chart

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Engineers India jumps on inking pact with CSIR-CSIO for joint commercialization of Earthquake Warning System

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