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

Piramal Pharma, Torrent Power, HDFC Bank, GMR Airports, NHPC, Engineers India, Deepak Fertiliers, GR Infraprojects, Garnet International, Advait Infratech, Valiant Organics

Stocks to watch today — June 7, 2023

Prabhudas Lilladher recommended accumulate rating on Engineers India with a target price of Rs 116 in its research report dated May 29, 2023.

Accumulate Engineers India; target of Rs 116: Prabhudas Lilladher

Together with the advancements in production technology, interventions such as viability gap funding or a capex subsidy will help to encourage new investments in the fuel

Engineers India chief hopes for policy revision to make sustainable aviation fuel affordable

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

Buzzing Stocks: BHEL, Engineers India, NCC, Central Bank and others in news today

India secures business worth: Its quarterly net profit stood at Rs 190.18 crore in the fourth quarter (January-March) of FY23, up 140 per cent from Rs 79.13 crore in Q4, FY22

Engineers India secures business worth Rs 4,700 crore in FY23; up 185%

EIL has raised its staff strength from 23 to 84 at its Abu Dhabi office to cater to the region, Shukla said

Engineers India Ltd expects more orders from Middle East: Chairperson

“There is an upside to increasing production before energy transition kicks in and we want to capture that opportunity, and that opportunity is in the Middle East so therefore we are consolidating there,” EIL Charperson Vartika Shukla told reporters at an earnings conference.

Engineers India Ltd expects more orders from Middle East - chairperson

Engineers India Consolidated March 2023 Net Sales at Rs 880.10 crore, up 7.62% Y-o-Y

Engineers India Standalone March 2023 Net Sales at Rs 866.15 crore, up 7.46% Y-o-Y

Stocks that will see action on May 26 include ONGC, BHEL, BEML, HUDCO, Sun Pharma, MOIL, Reliance Industries, Praj Industries, Religare Enterprises, Max India, City Union Bank, Grasim Industries, Wockhardt, Engineers India

Stocks that will see action on May 26, 2023

Price return has been average, nothing exciting

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 underpriced and is not in the overbought zone

Current price is less 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.

Engineers India Ltd