Navratna PSU Engineers India Ltd shares today registered dip of 0.86% on Bombay Stock Exchange (BSE) at the time of writing the story. Last trading price of Engineers India shares on BSE stood at Rs 165.95 per share. The stock will trade ex-dividend tomorrow as the company fixed February 14, 2025 as the record date. Meanwhile, the company today received an order worth Rs 106 crores from “Indian Oil Corporation Limited (IOCL). The company’s market cap today stood at Rs 9383.30 crore.
Stake of PSU insurer Life Insurance Corporations of India (LIC) stood at 2.55% in Engineers India. Engineers India shares gained 2.77% in last 1-month and slipped over 19% in last 1-year. The scrip hit 52-week low price on February 12, 2025. Check more details below:
IOCL Awards Engineers India Order Worth Rs 106 Cr
As per the exchange filing of the company dated Feb 13, 2025, “”Indian Oil Corporation Limited (IOCL) has awarded Phase-I of Project Management/Managing Project Management Consultancy (MPMC) Services for the oversall Project amd Project Management Consultancy (PMC-2) Services for PP, IPA, EDC/VCM Units and Offsites and Utilities (O&U) under the Paradip Petrochemical Complex (PDPC) Project at Paradip, Odisha to Engineers India Limited (EIL). The total estimated contract value is approx. Rs. 106 Crores.”
Engineers India Shares Set To Trade Ex-Dividend Tomorrow
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 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 offers a return of equity (ROE) of 11.55%. Engineers India shares slipped 24.03% in last 6-months and offered return of 113.5% in last 2-years. In last 3-years span, the PSU stock rallied 145.40%.
How To Be Eligible For Engineers India Dividend?
Record date plays crucial role in ascertaining eligibility of shareholders for dividend. Traders whose name reflects in firm’s shareholders record as on the record date will remain eligible to receive dividend. EIL set February 14, 2024 as the record date for dividend.
Engineers India Bonus Share History
The PSU declared 2 bonuses 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 story highlights upcoming dividend, Q3 results and should not be considered as investment advice by the Moneydaily.in or the Author. Moneydaily.in and the author will not be held responsible for any losses caused as a result of decisions based on the above information. Moneydaily.in advises readers to do their own research or consult a SEBI registered investment advisor before making any investment decisions.
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