The share price of Engineers India (EIL) moved up today on hopes of a speedy divestment in the company by the government.
The stock closed 3.61 per cent higher at Rs 348.30 after hitting an intra-day high of Rs 351.30 amid a volume of 92,482 shares on the Bombay Stock Exchange (BSE) and 2.67 lakh shares on the National Stock Exchange.
The stock has gained 11 per cent from its recent low of Rs 311.30 on August 1 to today