Engineers India gained 5.89% to Rs 167.25 at 09:51 IST on BSE after net profit rose 27.11% to Rs 119.17 crore on 26.62% rise in net sales to Rs 429.09 crore in Q2 September 2017 over Q2 September 2016.
The result was announced after market hours yesterday, 25 October 2017.Meanwhile, the S&P BSE Sensex was down 50.19 points or 0.15% at 32,992.31.
On the BSE, 3.68 lakh shares were traded on the counter so far as against the average daily volumes of 1.97 lakh shares in the past one quarter. The stock had hit a high of Rs 167.45 and a low of Rs 160 so far during the day. The stock hit a 52-week high of Rs 175.70 on 17 May 2017. The stock hit a 52-week low of Rs 118.43 on 9 November 2016.
The large-cap company has equity capital of Rs 315.96 crore. Face value per share is Rs 5.
State-run Engineers India provides engineering consultancy and engineering, procurement and construction (EPC) services. The Government of India holds 58.87% in Engineers India (as per shareholding pattern as on 30 September 2017).
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