Introduction:
Engineering stock has secured a ₹106.5 crore contract for project management services in a major petrochemical complex. The ten-month project will enhance infrastructure and efficiency, strengthening its position in large-scale industrial consultancy and reinforcing expertise in petrochemical sector development.
Share Price movement of Engineers India:
On February 13, 2025, Engineers India Limited opened at ₹169.40, reaching a high of ₹171.90 up 1.42% from its previous close of ₹168.87 and a low of ₹165.56. Currently, it is trading at ₹171.26, with a market cap of ₹9,625.54 crore.
Engineers India receives order worth ₹106 Cr:
Engineers India Limited (EIL) has secured a major contract from Indian Oil Corporation Limited (IOCL) for the Paradip Petrochemical Complex Project in Odisha. The contract involves Phase-I of Project Management/Managing Project Management Consultancy (MPMC) services and consultancy for PP, IPA, EDC/VCM units, Offsites, and Utilities.
The total contract value is approximately ₹106.5 crore, and the project will be executed over ten months. This contract strengthens EIL’s position in the petrochemical sector, demonstrating its expertise in large-scale infrastructure projects. The agreement falls under domestic contracts and does not involve related-party transactions.
While specific terms remain confidential, the project is expected to enhance operational efficiency and infrastructure at the Paradip Petrochemical Complex. The announcement complies with SEBI Listing Regulations and is available on the company’s website for investor reference.
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Recent news About Engineers India :
On February 10, 2025, Engineers India Limited (EIL) declared an interim dividend of ₹2 per share for the fiscal year 2024-25. The ex-dividend date is set for February 14, 2025.
Stock performance of Engineers India for Period of 1 week, 6 months and 1 year:
Engineers India’s stock showed a slight 0.58% gain over the past week but declined significantly by 21.5% over both six months and one year. The consistent downturn over the longer periods highlights ongoing challenges, while the recent positive movement suggests slight investor interest or market adjustments.
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Shareholding pattern of Engineers India:
| All values in % | Dec-24 | Sep-24 | Jun-24 |
| Promoters | 51.32 | 51.32 | 51.32 |
| FII | 6.89 | 7.31 | 7.26 |
| DII | 10.59 | 11.01 | 13.9 |
| Retail & others | 31.2 | 30.33 | 27.51 |
About Engineers India:
Engineers India Limited is a leading engineering consultancy and EPC company specializing in petroleum, petrochemicals, and infrastructure projects. With expertise in project management, design, and construction, it plays a key role in India’s energy sector, delivering large-scale industrial and infrastructure solutions.
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.
