Engineers India surges on bagging order from MRPL
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Engineers India is currently trading at Rs. 81.75, up by 2.50 points or 3.15% from its previous closing of Rs. 79.25 on the BSE.
The scrip opened at Rs. 79.05 and has touched a high and low of Rs. 82.00 and Rs. 78.15 respectively. So far 496290 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 82.00 on 25-Nov-2022 and a 52 week low of Rs. 55.95 on 20-Jun-2022.
Last one week high and low of the scrip stood at Rs. 82.00 and Rs. 75.75 respectively. The current market cap of the company is Rs. 4586.27 crore.
The promoters holding in the company stood at 51.32%, while Institutions and Non-Institutions held 20.66% and 28.03% respectively.
Engineers India (EIL) has been awarded the job by Mangalore Refinery & Petrochemicals (MRPL) for Preparation of BDEP, DFR and Pre-Project Activities for Bio-ATF Plant at MRPL. The bio-ATF plant, having non edible oils and used cooking oil as feedstock, shall be 1st of its kind in India and based on technology developed by CSIR-IIP and EIL. Bio-ATF also known as Sustainable Aviation Fuel (SAF) fuels would not only contribute to India's Net zero Carbon emission target, but also help in fulfilling government’s vision of reducing crude oil and indirectly providing livelihood to farmers.
Engineers India is engaged in the business of providing engineering and related technical services for petroleum refineries and other industrial projects.
