Navratna public sector undertaking Engineers India Ltd (EIL) shares witnessed surge of 5.93% in past 1-week period on Bombay Stock Exchange (BSE). Last trading price of the stock as on February 20, 2025 stood at Rs 174.95 per share. The stock traded ex-dividend on February 14, 2025 for Rs 2/share dividend. Meanwhile, the company on February 13 received an order worth Rs 106 crore from Indian Oil Corporation Limited (IOCL).

EIL has a market capitalisation of Rs 9832.93 crore and offers a return on equity of 13.14%. It managed to outperform the market in past 1-week with gain of 5.93%. On the contrary, BSE Sensex declined 0.53% in last 1-week span. The company is backed by PSU insurer Life Insurance Corporations of India (LIC) with stake of 2.55%. Check more details below:

Navratna PSU Under Rs 180 Rises 5.93% In 1-Week, Analyst Sees Shares Soaring, Buy?

Should You Buy Engineers India Shares?

According to A R Ramachandran, SEBI registered Independent research analyst, “Engineers India stock price is slightly bullish on the Daily charts with strong support at 165. A Daily close above resistance of 172 could lead to a target of 195 in the near term.”

Engineers India Shares Performance

The 52-week high price of Engineers India Ltd shares on BSE is Rs 304.00 per share (as on 12/07/2024) and 52-week low price is Rs 148.50 per share as on 12/02/2025). Engineers India shares slipped over 3% in last 1-month and declined 22.50% in last 1-year. However, EIL shares surged 134.20% in last 2-years and delivered returns of 169.36% in last 3-years.

Engineers India Shares Traded Ex-Dividend

The company recommended an interim dividend of Rs 2/- per share on the face value of Rs 5/- each of the company for the financial year 2024-25. The company fixed Feb 14, 2025 as the record date for the above interim dividend. As per the exchange filing dated Feb 3, “EIL has fixed Friday, 14th February, 2025 as the “Record Date” for the purpose of ascertaining the eligibility of shareholders for payment of interim dividend on equity paid-up share capital of the Company for the financial year 2024-25, if any, declared at the aforesaid Board Meeting.”

Engineers India Bonus Share History

The PSU declared bonus shares twice since May 6, 2010. Its last bonus was recommended in the ratio 1:1 with ex-date set as December 30, 2016.

EIL Stock Split History

It split the face value of its share once since May 6, 2010. The Navratna PSU last split the face value of its shares from Rs 10 to Rs 5 in 2010.The share traded ex-split on May 6, 2010, as per Trendlyne.

About Engineers India

Engineers India Ltd (EIL) is a leading global engineering consultancy and Project Management company. Established in 1965, EIL provides engineering consultancy and EPC services principally focused on the oil & gas and petrochemical industries. The Navratna PSU, is one of the leading design and engineering organizations in South Asia, as per its official website.

Disclaimer: The stock has been picked from the brokerage report of A R Ramachandran. Moneydaily.in, the author, and the respective brokerage house will not be held accountable for any losses caused as a result of decisions based on the article. Moneydaily.in advises readers to do their own research or consult a SEBI registered investment advisor before making any investment decisions.