Engineers India falls on Q4 profit drop

Engineers India

29/05/2024 08:24

** Shares of Engineers India  ENGI.NS  down 3.4% at 256
rupees
    ** Co reported fall in Q4 profit on Tuesday 
    ** However, stock among top performers in Nifty small-cap
 .NISM250  so far this year, which is up 12% YTD
    ** ENGI up ~49% YTD, outperforming 3% gains in top
engineering, procurement and construction firm, Larsen And
Toubro  LART.NS  and ~10% gains in S&P BSE 500  .BSE500 



 (Reporting by Sethuraman NR in Bengaluru)
 ((Sethuraman.NR@thomsonreuters.com; (+91 9945291420); Reuters
Messaging: nallur.sethuraman.thomsonreuters.com@reuters.net))