Engineers India wins Rs. 837.34 crores project from ONGC

Oil and Natural Gas Corporation Limited (ONGC) has awarded the Project for Revamping of SV Stations, Gas Terminal & Kribhco Terminal of ONGC, Hazira Plant on EPC reimbursable [Open Book Estimate (OBE)] Basis to Engineers India Limited (EIL). The total estimated order value is about Rs. 837.34 Crore with a project Completion schedule of about 45 months.

Shares of Engineers India Limited was last trading in BSE at Rs. 158.55 as compared to the previous close of Rs. 154.45. The total number of shares traded during the day was 433965 in over 3723 trades.

The stock hit an intraday high of Rs. 160.00 and intraday low of 152.50. The net turnover during the day was Rs. 67819142.00.

Source : Equity Bulls

Keywords

EngineersIndia INE510A01028 OrderWIn ONGC