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Engineers India surges on bagging order worth $139 million from Nigeria’s Dangote Group

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

25 Nov 2013 Evaluate

Engineers India is currently trading at Rs 166.30, up by 5.25 points or 3.26% from its previous closing of Rs. 161.05 on the BSE.

The scrip opened at Rs 165.00 and has touched a high and low of Rs 169.00 and Rs 165.00 respectively. So far 14445 shares were traded on the counter.

The BSE group 'A' stock of face value Rs 5 has touched a 52 week high of Rs 244.90 on 10-Jan-2013 and a 52 week low of Rs 121.15 on 20-Aug-2013.

Last one week high and low of the scrip stood at Rs 175.00 and Rs 160.60 respectively. The current market cap of the company is Rs 5426.36 crore.

The promoters holding in the company stood at 80.40% while Institutions and Non-Institutions held 12.70% and 6.90% respectively.

State-owned Engineers India (EIL) has bagged an order worth $139 million from Nigeria’s Dangote Group. The contract is for implementing a grassroot 400,000 bpd (20 million tonnes) oil refinery and 600,000 tonnes polypropylene plant.

This is the largest ever single consultancy assignment for EIL and the company will render project management consultancy (PMC) and engineering, procurement and construction management (EPCM) and commissioning services for the project.

The main facilities of the project include crude distillation unit, single train residue fluid catalytic cracking unit, diesel hydrotreating unit, CCR unit, alkylation unit, polypropylene unit etc, utilities and offsites, including captive power with other enabling infrastructure facilities.

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.

Engineers India Share Price

241.55 13.05 (5.71%)

17-Apr-2026 16:59 View Price Chart

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Engineers India surges on bagging order worth $139 million from Nigeria’s Dangote Group

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