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Engineers India receives order worth ₹245 Cr from Maharashtra & West Bengal Govt

Prominent engineering firm secured ₹245 crore contracts from Maharashtra and West Bengal governments, strengthening its expertise in infrastructure projects through cost-plus-based consultancy assignments.
Engineers India secures ₹245 Cr orders from Maharashtra & West Bengal governments for key projects.
Engineers India secures ₹245 Cr orders from Maharashtra & West Bengal governments for key projects.

Introduction:

Leading engineering firm has secured prestigious contracts worth ₹245 crore from state-owned organizations in Maharashtra and West Bengal. The projects, awarded on a cost-plus basis, reinforce its expertise in executing large-scale infrastructure and industrial developments.

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Also Read: Defence stock to watch after it signs contract worth ₹62,700 Cr with Min. of Defence

Share price movement of Engineers India:

On March 28, 2025, Engineers India Ltd opened at ₹158.30, up 0.25% from its previous close of ₹157.90. The stock reached a high of ₹165.50 (4.81%) and a low of ₹158.30. By 4:00 PM, it traded at ₹160.50, a 1.65% increase, with a market cap of ₹9,020.78 crore.

Engineers India Secures ₹245 Crore Orders:

Engineers India Limited (EIL) has been awarded consultancy contracts worth approximately ₹245 crore from state-owned organizations in Maharashtra and West Bengal. The projects will be executed on a cost-plus basis, reinforcing EIL’s expertise.

Recent news on Engineers India:

As of March 01, 2025, Engineers India Ltd secured two contracts worth ₹730 crore from Middle East clients for PMC and engineering services, strengthening its global presence in project management and consultancy over multi-year agreements.

Stock performance of Engineers India for Period of 1 week, 6 months, and 1 year:

PoEngineers India Ltd delivered a -3.49% return over the past week, declining by 23.3% in the past six months. The stock also fell by 20.5% over the past year.

Also Read: Engineering stock receives order worth ₹762.56 Cr from Central Railway for Kavach

Shareholding pattern of Engineers India:

ParticularsDec 2024Sep 2024Jun 2024
Promoter51.30%51.30%51.30%
FII6.90%7.30%7.30%
DII10.60%11.00%13.90%
Public31.20%30.30%27.50%
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About Engineers India:

Engineers India Ltd (NSE: ENGINERSIN) is a CPSU under MoPNG, offering consultancy, engineering, and turnkey project services from conceptualization to commissioning, including maintenance and operations support across various industries.

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

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