Archive · 2 Sep 2026

Engineers India stock rises 21% in a month

Engineers India stock rises 21% in a month

Engineers India Limited (EIL) is a company that has seen its stock price go up by 21% in just one month.

This is because the company's consultancy services are doing really well, with a 22% increase in revenue compared to last year.

The company is also expecting to get a lot of new orders, worth Rs 8,000 crore, in the next fiscal year.

A brokerage firm, 360 ONE Capital, has increased its earnings estimates for EIL.

Additionally, a technical analyst from Axis Direct has said that the stock is in a strong uptrend and could go up to Rs 330.

The government owns more than half of the company, which is a state-run engineering consultancy firm.

Sources