Engineers India gains after good Q4 outcome

Engineers India rose 3.6% to Rs 112.10 at 09:29 IST on BSE after net profit rose 37.7% to Rs 94.90 crore on 20.55% rise in total income to Rs 672.21 crore in Q4 March 2019 over Q4 March 2018.

The result was announced after market hours on Friday, 17 May 2019.

Meanwhile, the S&P BSE Sensex was up 680.79 points or 1.79% at 38,611.56

On the BSE, 91,000 shares were traded on the counter so far as against the average daily volumes of 1.03 lakh shares in the past two weeks. The stock had hit a high of Rs 117.90 and a low of Rs 111.75 so far during the day.

 

State-run Engineers India provides engineering consultancy and engineering, procurement and construction (EPC) services.

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