Introduction:
Infrastructure company has been appointed as the Project Management Consultant for developing an Academic Institute of National Importance. With a project cost of ₹1,200 crore, it highlights significant growth, focusing on seamless execution and management of the institution’s development.
Share Price movement of Engineers India:
On February 3, 2025, Engineers India Ltd opened at ₹166.99, down 0.9% from its previous close of ₹168.47. The stock reached a high of ₹167.39 and a low of ₹160.40. By 11:04 AM, it traded at ₹160.88, a 4.51% decrease, with a market cap of ₹9,042.14 crore.
Engineers India receives new order:
Engineers India Limited (EIL) has been appointed as the Project Management Consultant for the development of an Academic Institute of National Importance. The project has a total cost of approximately ₹1,200 crore, marking a significant milestone for the company.
A contract agreement has been signed between Engineers India Limited and the Institute for the project. The company will provide consultancy services in a depository mode, ensuring smooth execution and management of the academic institution’s development as per the outlined requirements.
Further details about the project and the agreement can be found on Engineers India Limited’s official website. The information is shared in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
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Recent news About Engineers India :
On 31 Jan 2025, Engineers India (EIL) has won a ₹222-crore contract from Hindustan Petroleum Corporation (HPCL) for project management consultancy (PMC) services in the lube modernisation and bottom upgradation (LMBU) project, set for completion in 36 months.
Stock performance of Engineers India for Period of 1 week, 6 months and 1 year:
The stock performance of Engineers India has shown a 4.87% increase over the past week. However, over the last 6 months, the stock has declined by 27.7%. Looking at the one-year period, the stock has experienced a significant drop of 35.5%.
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Shareholding pattern of Engineers India:
| All values in % | Dec-24 | Sep-24 | Jun-24 |
| Promoters | 51.32 | 51.32 | 51.32 |
| FII | 6.89 | 7.31 | 7.26 |
| DII | 10.59 | 11.01 | 13.9 |
| Retail & others | 31.2 | 30.33 | 27.51 |
About Engineers India:
Engineers India Limited is a leading infrastructure and engineering company providing project management, consultancy, and design services for various industries. It specializes in sectors such as oil, gas, petrochemical, and infrastructure, offering end-to-end solutions for large-scale projects.
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.
