Engineers India hits over-a-year high on order win

Engineers India

25/11/2022 06:38

** Shares of Engineers India Ltd  ENGI.NS  rise as much as
3.4% to 82 rupees, their highest since Oct. 19, 2021
    ** Co says it got a job order for work on Mangalore Refinery
& Petrochemicals Ltd.'s (MRPL) Bio-ATF Plant
    ** More than 5.6 mln shares traded as of 0628 GMT, vs 30-day
avg of ~4.1 mln shares
    ** Five of 6 brokerages rate the stock "strong buy" and 1
"buy"; their median PT is 90 rupees - Refinitiv data
    ** As of last close, shares up 13.3% YTD
 (Reporting by Meenakshi Maidas in Bengaluru)
 ((meenakshi.maidas@thomsonreuters.com;))