Engineers India rose 1.09% to Rs 195.15 at 14:49 IST on BSE after the company announced its Q2 September 2015 results during trading hours today, 4 November 2015.
Meanwhile, the BSE Sensex was up 46.02 points, or 0.17%, to 26,636.61.
On BSE, so far 63,000 shares were traded in the counter, compared with an average volume of 70,737 shares in the past one quarter.
The stock hit a high of Rs 198.80 and a low of Rs 192.75 so far during the day. The stock hit a 52-week high of Rs 282.95 on 5 November 2014. The stock hit a 52-week low of Rs 157.90 on 25 August 2015.
The stock had underperformed the market over the past one month till 3 November 2015, rising 0.78% compared with 1.41% rise in the Sensex. The scrip had also underperformed the market in past one quarter, falling 20.16% as against Sensex's 5.66% decline.
The mid-cap company has an equity capital of Rs 168.47 crore. Face value per share is Rs 5.
Engineers India (EIL)'s net profit rose 18.24% to Rs 69.50 crore on 10.35% increase in total income to Rs 510.94 crore in Q2 September 2015 over Q2 September 2014.
State-run EIL provides engineering consultancy and EPC services, mainly to the oil and gas and petrochemical industries. The company has also diversified into sectors like infrastructure, water and waste management, solar and nuclear power and fertilizers to leverage its strong technical competencies and track record. The Government of India holds 69.37% stake in EIL (as per the shareholding patter as on 30 September 2015).
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