A Memorandum of Understanding (MOU) has been signed between Engineers India Limited (EIL) and Mongol Refinery State Owned LLC of Government of Mongolia.
As per MOU, EIL shall provide Project Management Consultancy Services to Mongol Refinery for setting up of an Oil Refinery in Mongolia for which terms and conditions are being discussed and will be mutually settled in the form of a contract agreement.
Shares of ENGINEERS INDIA LTD. was last trading in BSE at Rs.110.5 as compared to the previous close of Rs. 114.5. The total number of shares traded during the day was 326496 in over 1998 trades.
The stock hit an intraday high of Rs. 115.2 and intraday low of 108.55. The net turnover during the day was Rs. 36446966.