Trending stock under Rs 100: This civil construction company secures new order worth Rs 48.82 crore!
The stock has gained more than 15 per cent in the last 6 months.
On March 31, 2023, Engineers India Limited informed in the exchange filing that the company has received orders worth Rs 48.82 crore. The order includes PMC Services for the Third Jetty at Dahej LNG Terminal for Petronet LNG, detailed engineering work of CDU-1 Revamp for Nayara Energy, Study of revamp options for design and detail Engineering of DHDS Charge Heater Efficiency for BPCL Kochi, energy optimization study for BPCL Kochi & BPCL, Bina Refinery and the last order is for capacity assessment of natural gas pipeline network under PNGRB Regulations 2010 for 4 Nos pipeline network.
Engineers India Ltd is a leading global engineering consultancy and EPC company owned by the Government of India operating under the administrative control of the Ministry of Petroleum and Natural Gas (MoPNG). The company primarily provides engineering consultancy and EPC services focused on the oil & gas and petrochemical industries.
Today, the stock opened at Rs 74.45, with a high and low of Rs 75.62 and Rs 73.98. The stock is currently trading at Rs 74.89, up by 0.94 per cent over its previous close of Rs 74.40.
The stock has a 52-week high of Rs 90.75 and a 52-week low of Rs 55.95. The company has a ROCE of 25.4 per cent and an ROE of 7.73 per cent, with a market capitalization of Rs 4,224 crore.