Engineers India Ltd. News and Updates

Name: Latest research reports of Engineers India Ltd. authored by ICICI Securities Limited and published by - Trendlyne research reports.
Item: Engineers India Ltd.
Rating: 5
Author: ICICI Securities Limited

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Engineers India Ltd.

26 May 2023

246.58

-0.16%

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

Business Standard

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 Ltd. has an average target of 230.00 from 3 brokers.

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

Moneycontrol | 26 May 2023 1 more

Engineers India Ltd.

26 May 2023

246.58

-0.16%

Engineers India Ltd expects more orders from Middle East: Chairperson

Business Standard

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. is trading above all available SMAs

Engineers India Ltd.

24 May 2023

246.58

-0.16%

Engineers India gives Flag pattern breakout, can rally up to Rs 135

Moneycontrol

On the monthly charts, it has rallied nearly 30 percent in the current month and formed a strong bullish candlestick pattern with significantly higher volumes

Engineers India Ltd. has an average target of 230.00 from 3 brokers.

Engineers India Ltd.

16 May 2023, 12:48PM

246.58

-0.16%

Engineers India hits over 3-year high; stock surges 45% in 7 weeks

Business Standard

The company is currently working on feasibility projects across multiple hydrocarbon fuels, pipeline and renewable fuels like hydrogen, ethanol and other biofuels.

Engineers India Ltd. has gained 45.65% in the last 3 Months

Engineers India Ltd.

17 Apr 2023

246.58

-0.16%

Engineers India secures business worth over 4,500 cr in FY23

Business Line

A significant jump was witnessed in business secured from international assignments at around 600 crore

Engineers India Ltd. is trading above all available SMAs

Engineers India Ltd.

22 Mar 2023

246.58

-0.16%

Engineers India: Back on the growth path

Moneycontrol

Improving business with higher execution and strong order book could lead to re-rating of the stock

Engineers India Ltd. has an average target of 230.00 from 3 brokers.

Engineers India Ltd.

12 Feb 2023

246.58

-0.16%

Healthy execution; higher turnkey share weighs on margin

Buy: Engineers India Ltd.

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ICICI Securities Limited

Engineers India’s (EIL) Q3FY23 revenue grew ~22% YoY to Rs8.3bn led by strong execution in turnkey segment. This is the third consecutive quarter where turnkey witnessed strong performance. However, due to higher revenue share from turnkey, (58% in Q3FY23 vs 47% in Q3FY22), coupled with weak margin in consultancy business (-410bps YoY), EBTIDA margin contracted 360bps YoY to 5.6%.

Engineers India Ltd. has an average target of 230.00 from 3 brokers.

Engineers India Ltd.

08 Feb 2023

246.58

-0.16%

Engineers India not scared of recession in West, sees good growth this fiscal: CMD Vartika Shukla

Moneycontrol

EIL's order book as of December 2022 stood at Rs 78,656 crore, 57 percent of the company's order book was made up of consultancy projects while the remaining were turnkey projects, according to an investor presentation made by the company on February 4.

Engineers India Ltd. is trading above all available SMAs

Engineers India Ltd.

08 Dec 2022

246.58

-0.16%

Engineers India: On a path to deliver more value

Moneycontrol

Strong order book, improving execution, and margins offer great opportunities

Engineers India Ltd. has an average target of 230.00 from 3 brokers.

Engineers India Ltd.

19 Nov 2022

246.58

-0.16%

Engineers India bags order from Chennai Petro for project management services

livemint

As part of this assignment, EIL shall provide consultancy Services for detailed feasibility report , EPCM services and related off-site facilities for Group-II project at Manali refinery