198.7200 0.32 (0.16%)
NSE Dec 04, 2025 10:50 AM
Volume: 429.0K
 

198.72
0.16%
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. has an average target of 247.50 from 2 brokers.
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