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Infra stock jumps 4% after receiving 2 orders worth ₹730 Cr

Prominent infra firm secured ₹730 crore contracts for PMC and Engineering Services in the Middle East. These long-term projects enhance its global presence, highlighting expertise in project management and engineering solutions.
Infra stock surges 4% after securing two major orders worth ₹730 crore, boosting growth!
Infra stock surges 4% after securing two major orders worth ₹730 crore, boosting growth!

Introduction:

Leading infra company has secured two major contracts worth ₹730 crore from Middle East clients for PMC and Engineering & Project Management Services. These long-term projects strengthen its global footprint, showcasing expertise in delivering high-value infrastructure solutions.

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Also Read: Stock under ₹100 hits 5% upper circuit after receiving order worth ₹33 Cr from Bharat Petroleum

Share price movement of Engineers India:

On March 25, 2025, Engineers India Limited opened at ₹171.00, up 2.77% from its previous close of ₹166.40. The stock reached a high of ₹173.95 (4.54%) and a low of ₹166.40. By 10:11 AM, it traded at ₹166.50, a 0.06% increase, with a market cap of ₹9,358.01 crore.

Engineers India Secures ₹730 Crore Contracts in Middle East:

Engineers India Limited (EIL) has won two significant contracts from Middle East clients for PMC Services and Engineering & Project Management Services. The total estimated value of these orders stands at approximately ₹730 crore.

These contracts, valued at ₹650 crore and ₹80 crore respectively, span five and four years. Due to confidentiality, client details remain undisclosed. The projects reinforce EIL’s strong presence in international markets, enhancing its growth prospects.

EIL confirmed that the orders do not involve related party transactions or promoter group interests. This development underscores the company’s expertise in project management and engineering services on a global scale.

Recent news on Engineers India:

As of March 18, 2025, Engineers India Ltd gained 1.38% to ₹161.25 after securing a ₹252.95 crore order from Numaligarh Refinery for EPCM services in a 360 KTPA Polypropylene Unit project, set for 36-month completion.

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

Engineers India Ltd delivered a 4.08% gain over the past week but faced a 21.4% decline in six months and a 15.3% drop over the past year, reflecting volatility in its stock performance.

Also Read: Electric equipment stock hits 5% upper circuit after receiving order worth ₹215 Cr from Adani Green Energy

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 the Ministry of Petroleum and Natural Gas, providing consultancy, engineering, and turnkey project services across industries, from conceptualization to execution, including procurement, construction, commissioning, and post-execution maintenance.

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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