Tuesday 26 April 2016

Engineers India signs contract with Bangladesh Petroleum Corp

The company has signed a contract with Bangladesh Petroleum Corporation (BPC) for providing project management consultancy services for a refinery expansion project worth USD1.7bn. 

Engineers India Ltd was up 1% at Rs. 181. The company has signed a contract with Bangladesh Petroleum Corporation (BPC) for providing project management consultancy services for a refinery expansion project worth USD1.7bn.

The scrip opened at Rs. 183 and has touched a high and low of Rs. 183.65 and Rs. 181.5 respectively. So far 149923(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 6081.77 crore.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 252 on 01-Jan-2016 and a 52 week low of Rs. 143.25 on 17-Feb-2016. Last one week high and low of the scrip stood at Rs. 183.3 and Rs. 171 respectively.

The promoters holding in the company stood at 59.37 % while Institutions and Non-Institutions held 27.17 % and 13.46 % respectively.

The stock is currently trading above its 200 DMA.

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