Engineers India moves up on signing MoU with Dangote Group

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

27 Nov 2025 Evaluate

Engineers India is currently trading at Rs. 199.45, up by 0.30 points or 0.15% from its previous closing of Rs. 199.15 on the BSE.

The scrip opened at Rs. 199.95 and has touched a high and low of Rs. 202.75 and Rs. 199.15 respectively. So far 38907 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 255.25 on 11-Jul-2025 and a 52 week low of Rs. 142.15 on 03-Mar-2025.

Last one week high and low of the scrip stood at Rs. 202.75 and Rs. 193.60 respectively. The current market cap of the company is Rs. 11246.47 crore.

The promoters holding in the company stood at 51.32%, while Institutions and Non-Institutions held 20.79% and 27.89% respectively.

Engineers India (EIL) has signed a memorandum of understanding (MoU) with Dangote Group to serve as Project Management Consultant (PMC) and engineering, procurement, and construction management (EPCM) consultant for the second train of Dangote Refinery, marking a major expansion of Africa's biggest refining complex.

The agreement builds on EIL's role in delivering the first 6,50,000 barrels per day (bpd) train of the integrated refinery and petrochemical complex at the Lekki Free Zone, commissioned in 2024. The facility is recognised as one of the world's largest single-train refineries and a transformative project for Africa's energy landscape. Dangote plans to ramp up the refinery's capacity to 1.4 million bpd by 2028. EIL will be the PMC and EPCM consultant for the expansion.

Once completed, this expansion will position Dangote as the world's largest petroleum refinery, strengthening fuel production within Africa, reducing reliance on imports, and supporting regional energy security. The expansion will also include a new PDH unit, boosting polypropylene output from 8,30,000 tonnes per annum to 2.4 million tonnes. The upgrade is expected to significantly strengthen regional supplies of fuels and petrochemicals and reduce Africa's dependence on imports. Once completed, the expanded complex is projected to become the world's largest refinery at a single location.

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

261.75 9.80 (3.89%)

04-May-2026 16:59 View Price Chart

Peers

Company Name	CMP
Larsen & Toubro	4100.20
Rail Vikas Nigam	296.45
NCC	166.15
KEC International	579.50
Kalpataru Projects	1292.65
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Fiduciary-first advisory model.
As SEBI-registered IAs, we are legally and ethically bound to act in the best interests of our clients. We do not sell or distribute any financial products. This ensures our guidance is 100% unbiased and conflict-free.
Deep fundamental research + robust valuation discipline.
Built on more than 15 years of equity research, our framework combines quality assessment, intrinsic value estimation, and a sensible margin-of-safety approach.
Process—not predictions.
We don’t rely on guesswork or market timing. Instead, we focus on asset allocation, risk management, and long-term compounding.
Technology + Human Intelligence.
We believe a combination of both is essential for investing success. We constantly innovate and upgrade in-house tools, financial X-rays, and portfolio analytics so that our team of analysts and advisors are equipped with the best.
Partner with Clients.
We follow a DIWM (Do-It-With-Me) approach where we partner clients in setting goals, financial planning, educating on our investing process and share decision-enabling resources transparently with our clients who retain control on execution.

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

Investing in stocks, mutual funds, debt, and gold
Quality-at-Reasonable-Price way of investing in stocks
Constructing Direct Stock Portfolios with Core, Booster, and Amplifier stocks
A Mutual Fund Portfolio that delivers consistent out-performance and meaningful diversification (low overlap)
Periodic review and rebalancing
Clear Buy-Sell-Hold, and Position-sizing frameworks

Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
Logo:
Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
Brand Logo:
SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045
Compliance officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com Telephone: +91 98609 19463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com Telephone: +91 91758 99463 Address: Same as IA
Standard Warning:	Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.