Engineers India fell 8.07% to Rs 153.80 at 11:00 IST on BSE on profit booking after a recent rally.
Meanwhile, the BSE Sensex was up 213.65 points, or 0.81%, to 26,579.80.
On the BSE, so far 6.51 lakh shares were traded in the counter, compared with average daily volumes of 2.41 lakh shares in the past one quarter. The stock had hit a high of Rs 163 and a low of Rs 152.65 so far during the day.
The stock hit a 52-week high of Rs 169.90 on 29 December 2016. The stock hit a 52-week low of Rs 71.63 on 17 February 2016. The stock had outperformed the market over the past 30 days till 29 December 2016, rising 14.37% compared with the 1.08% fall in the Sensex. The scrip had also outperformed the market in past one quarter, rising 34.97% as against Sensex's 5.38% decline.
The large-cap company has equity capital of Rs 168.47 crore. Face value per share is Rs 5.
Shares of Engineers India rose 10.77% in three trading sessions to settle at Rs 334.65 yesterday, 29 December 2016, from its close of Rs 302.10 on 26 December 2016.
Engineers India's net profit rose 21.4% to Rs 93.75 crore on 24.6% decline in net sales to Rs 338.89 crore in Q2 September 2016 over Q2 September 2015.
State-run Engineers India provides engineering consultancy and engineering, procurement and construction (EPC) services. The Government of India holds 59.37% in Engineers India (as per shareholding pattern as on 30 September 2016).
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