Breaking News

You are here » Indian-Commodity  :  Equity & Shares  :  Engineers India rises on getting nod to acquire entire stake of PDIL

14-Sep2018

Engineers India rises on getting nod to acquire entire stake of PDIL

Engineers India is currently trading at Rs. 125.95, up by 1.20 points or 0.96% from its previous closing of Rs. 124.75 on the BSE.

The scrip opened at Rs. 126.50 and has touched a high and low of Rs. 127.40 and Rs. 125.20 respectively. So far 40590 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 206.20 on 26-Dec-2017 and a 52 week low of Rs. 117.90 on 19-Jul-2018.

Last one week high and low of the scrip stood at Rs. 128.70 and Rs. 120.00 respectively. The current market cap of the company is Rs. 7952.61 crore.

The promoters holding in the company stood at 52.02%, while Institutions and Non-Institutions held 31.56% and 16.43% respectively.

Engineers India has received an approval for acquisition of 100% paid-up share capital of Projects and Development India (PDIL) from President of India, acting through the Ministry of Chemicals & Fertilizers. The Board of Directors of the company in its meeting held on September 13, 2018, approved the same and given the approval of bidding the same by way of Share Acquisition Route.

Engineers India Ltd is engaged in the business of providing engineering and related technical services for petroleum refineries and other industrial projects.


Related News

View all news

Mindtree rises on crossing $1 billion in annual revenue

Mindtree is currently trading at Rs. 983.85, up by 11.70 points or 1.20% from its previous closing of Rs. 972.15 on the BSE.The scrip opened at Rs. 977.00 and has touched a high and low of Rs. 986.45 and......

INDSIL Hydro Power trades in green on the bourses

Indsil Hydro Power and Manganese is currently trading at Rs. 60.00, up by 0.35 points or 0.59% from its previous closing of Rs. 59.65 on the BSE.The scrip opened at Rs. 60.40 and has touched a high and......

SpiceJet flies high on the bourses

Spicejet is currently trading at Rs. 142.10, up by 9.40 points or 7.08 % from its previous closing of Rs. 132.70 on the BSE.The scrip opened at Rs. 144.00 and has touched a high and low of Rs. 152.60 and......

Top News

View all news

Quess Corp, Ashoka Buildcon and ICICI Bank to see some action today

Quess Corp's subsidiary Conneqt Business Solutions has signed definitive agreements to acquire a majority stake in Allsec Technologies. The transaction involves Conneqt purchasing 35.35% from the promoters,......

Quess Corp's arm to acquire majority stake in Allsec Technologies

Quess Corp's subsidiary -- Conneqt Business Solutions has signed definitive agreements to acquire a majority stake in Allsec Technologies. The transaction involves Conneqt purchasing 35.35% from the promoters,......

Ashoka Buildcon's JV receives LoA from Rail Vikas Nigam

Ashoka Buildcon's Joint Venture (JV) -- ABL-STS JV, wherein the Company is lead member, has received a Letter of Award (LoA) from Rail Vikas Nigam (RVNL). The accepted Bid Value of the Project is Rs 443.23......