In a regulatory filing, the company said that the board of directors have approved a plan to subscribe 1,25,73,627 of equity shares in the Right Issue Offer of the Guwahati based- Numaligarh Refinery.

Engineers India falls over 3% after board nod to buy 4.37% in Numaligarh Refinery

Earnings visibility for the next two years is quite good on the back of improving margins

Engineers India: Better execution and higher orders to support growth

ICICI Direct recommended hold rating on Engineers India with a target price of Rs 150 in its research report dated August 10, 2023.

Hold Engineers India; target of Rs 150: ICICI Direct

Prabhudas Lilladher recommended accumulate rating on Engineers India with a target price of Rs 165 in its research report dated August 09, 2023.

Accumulate Engineers India; target of Rs 165: Prabhudas Lilladher

ICICI Direct is bullish on Engineers India recommended buy rating on the stock with a target price of Rs 160 in its research report dated July 17, 2023.

Buy Engineers India; target of Rs 160: ICICI Direct

Business driven by strong order inflows, improving execution, stable margins, diversification into new markets, and a focus on green energy.

Engineers India: Stock set to ride on earnings, valuations support

Ashok Singh, 64, had retired from Engineers India Limited as senior manager in 2019, and lives in IP Extension with wife and son Aditya Singh, a computer engineer in Gurugram

Father Stabs Son Over Mobile App Delay in East Delhi’s Madhu Vihar - News18

The share price rose 80 percent in the last one year.

Engineers India shares gain 3% on Rs 472 crore order win from ONGC

Buzzing stocks of Adani Ports, ONGC, Engineers India, SJVN, Tejas Networks, INOX Wind, Dynacons, Greaves Cotton, HFCL, Lakshmi Mills, Ahluwalia Contrracts, NBCC (India)

Stocks to watch on June 13, 2023

Stocks to Watch: Check out the companies making headlines before the opening bell today, June 13.

Buzzing Stocks: HFCL, Inox Wind, JSW Steel, Engineers India, Tejas Networks & others in the news

National Aluminium Company Limited selected Engineers India for providing consultancy services for the updation of a detailed project report (DPR) for Pottangi Bauxite mines for enhancing raw-ore production. The contract value is Rs 5.05 crore and is to be completed in 10 months.

Engineers India share price gains 4% on winning orders from JSPL, NALCO

Hasn't fared well - amongst the low performers

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is overpriced but is not in the overbought zone

Current price is more than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Engineers India Limited (EIL) is an engineering consultancy, and engineering, procurement and construction company in the hydrocarbons and petrochemicals industry. It offers various technologies for petroleum refining and oil & gas processing.