Engineers India Ltd.

NSE: ENGINERSIN | BSE: 532178 | ISIN: INE510A01028 | Industry: Consulting Services
| Mid-range Performer
208.8000 -0.12 (-0.06%)
NSE Sep 12, 2025 15:31 PM
Volume: 1.7M
 

208.80
-0.06%
IDBI Capital
Provisions write back the order of the day: As against Revenue/EBITDA/PAT expectations of Rs3.9bn/Rs722mn/Rs931mn, ENGR reported Rs3.3bn/Rs937mn/Rs938mn. The jump in EBITDA, as against expectations, is led by provision write-back in LSTK+PMC segment. Order inflows, for Q2FY17, were 10% up YoY at Rs1,500mn. Note, order inflows are notoriously lumpy. Thereby, a YoY comparison misleads. Company has declared a 1:1 bonus. We maintain ACCUMULATE....
Engineers India Ltd. is trading above its 200 day SMA of 193.2
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