As the world progresses, the demand for infrastructure development increases. Engineers India Limited (EIL) is an engineering and construction company that provides services to public and private sector companies in India and abroad. The company has a strong track record of execution of large and complex projects. The company’s current order backlog stands at Rs. 64,879 crore.(1) This indicates a bright future for the company and its shareholders.
(1)https://www.eil.co.in/
What is the current share price of Engineers India
As of September 3, 2020, the current share price of Engineers India is Rs. 72.85.
Engineers India is a leading engineering and construction company in India with a strong track record of delivering complex projects on time and within budget. The company has a diversified portfolio of projects across various sectors including oil and gas, power, refineries, petrochemicals, fertilizer, steel plants, cement plants, infrastructure, and water treatment plants.
The company’s strong execution capabilities have resulted in it being one of the few Indian engineering companies to be consistently profitable over the last three decades. In fact, Engineers India is one of the only engineering companies in India to be listed on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE).
investors are bullish on the stock as the company is well-positioned to benefit from the government’s focus on infrastructure development. The company’s order book stands at Rs. 1,200 crore, which provides visibility for strong growth in the coming quarters.
With a strong track record of execution and a robust order book, Engineers India is well-positioned to benefit from the government’s focus on infrastructure development.
What is the 52-week high and low for Engineers India shares
The 52-week high and low for Engineers India shares is a measure of the company’s stock price over the past year. The high is the highest price that the stock has traded at during the past 52 weeks, while the low is the lowest price that the stock has traded at during the past 52 weeks. This metric can be used to assess how well a company’s stock has performed over the past year, and can be used to compare different companies’ stock performance.
How have Engineers India shares performed over the last year
The shares of Engineers India have performed quite well over the last year. The company has posted strong financial results and its share price has gone up by nearly 20%. The company’s shares are now trading at around Rs.700, which is close to its 52-week high.
Investors have been bullish on the stock due to the strong prospects of the company. Engineers India is one of the leading engineering and construction firms in the country and has a strong order book. It is also one of the few companies that have exposure to the oil & gas sector, which is expected to do well in the coming years.
Overall, analysts are positive on the stock and believe that it has more upside potential.
How do analysts expect Engineers India shares to perform in the future
Analysts expect that the shares of Engineers India will do well in the future. They believe that the company has good growth prospects and is a good investment option.
What are some other companies in the same industry as Engineers India
There are many companies in the same industry as Engineers India. Some of these companies are listed below:
1. Bharat Heavy Electricals Limited
2. Larsen & Toubro
3. Tata Projects
4. Welspun Corp Limited
5. Reliance Infrastructure
How does Engineers India compare to its competitors
In a rapidly globalizing economy, it is more important than ever for companies to have a strong international presence. India is an increasingly important market, and Engineers India Limited (EIL) is one of the leading engineering and construction firms in the country. EIL has a long history of success in India, and its recent performance has been very strong.
However, EIL is not the only company competing for business in India. There are a number of other firms, both domestic and foreign, that are also looking to capitalize on the growing opportunities in the Indian market. So how does EIL compare to its competitors?
In terms of size, EIL is one of the largest engineering and construction firms in India. It has a workforce of over 25,000 employees, and its revenues have been growing steadily in recent years. EIL’s main competitors in India are Larsen & Toubro (L&T) and Tata Projects. Both of these firms are much larger than EIL, with L&T alone employing over 70,000 people. However, EIL’s revenues have been growing at a faster pace than either of its two main rivals.
In terms of project portfolio, EIL has a strong mix of both domestic and international projects. It has worked on some of the largest infrastructure projects in India, including the Delhi Metro Rail project. EIL has also been expanding its overseas operations, and it now has projects in over 20 countries. This gives it a significant competitive advantage over its domestic rivals, who have mostly focused on the Indian market.
EIL’s financial performance has been very strong in recent years. Its revenues have grown at a compound annual rate of 20% over the last five years, and its profits have more than tripled during that period. This has allowed EIL to invest heavily in new projects and expand its operations both in India and abroad.
Looking ahead, EIL is well-positioned to continue its growth trajectory. It has a strong brand name and reputation in India, and its project portfolio is diversified across both domestic and international markets. With its strong financial performance, EIL is well positioned to invest in new projects and continue to grow its business both in India and around the world.
What news stories have been affecting Engineers India’s share price recently
There has been a lot of news affecting Engineers India’s share price recently. The company announced a profit warning, which sent shares tumbling. This was followed by news that the company’s CEO had resigned, and then shares bounced back on news that the company had won a major contract. Most recently, shares have been affected by news that the company is being investigated by the Serious Fraud Office.
How has the overall stock market been performing recently
The overall stock market has been on a steady decline over the past few months. This is largely due to the coronavirus pandemic and the ensuing economic recession. Many businesses have been forced to close their doors, and millions of people have lost their jobs. The stock market is a reflection of this reality, and it is unlikely to rebound anytime soon.
What economic factors could impact Engineers India’s share price
There are a number of economic factors that could impact Engineers India’s share price. The most significant factor is likely to be the overall health of the economy. If the economy is growing, then demand for Engineers India’s services is likely to increase, which would support higher share prices. However, if the economy slows down or enters into a recession, then demand for Engineers India’s services is likely to decline, which would put downward pressure on the company’s share price.
Other factors that could impact Engineers India’s share price include changes in interest rates, exchange rates, and commodity prices. For example, if interest rates rise, then the cost of borrowing for the company would increase, which could hurt profits and shares prices. Similarly, if the value of the Indian rupee declines relative to other currencies, then it would make Engineers India’s products and services more expensive for foreign buyers, which could also negatively impact share prices.
What are some risks associated with investing in Engineers India shares
When it comes to investing in shares, there are always risks involved. This is especially true when it comes to investing in Engineers India shares. Some of the risks associated with investing in Engineers India shares include:
1) The company may be facing financial difficulties.
2) The share price may be volatile.
3) There may be concerns about the company’s management.