Engineers India Ltd bags project consultancy for IOCL's Panipat Refinery capacity expansion project

Indian Oil Corporation Limited (IOCL) has awarded the Project for execution of Consultancy for Overall Project Management and EPCM Services (Phase II) for Capacity Expansion of Panipat Refinery from 15 MMTPA to 25 MMTPA (P-25 Project) to Engineers India Limited (EIL). The total awarded order value is around Rs. 600 crores with a total project schedule of 40 months for Mechanical Completion.

Shares of ENGINEERS INDIA LTD. was last trading in BSE at Rs.87.05 as compared to the previous close of Rs. 86.25. The total number of shares traded during the day was 2014929 in over 10817 trades.

The stock hit an intraday high of Rs. 91.15 and intraday low of 85.45. The net turnover during the day was Rs. 177722657.

Source : Equity Bulls

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