Hot Pursuit     06-Sep-21
Engineers India sizzles after order win
Engineers India gained 2.64% to Rs 73.85 after the company said it secured a Rs 1,039-crore order from Chennai Petroleum Corporation (CPCL).
In a regulatory filing to stock exchanges on Friday, Engineers India said, "Chennai Petroleum Corporation entrusted the project for execution of EPCM-1 with MPMC & EPCM-3 services for 9 MMTPA Cauvery Basin Refinery (CBR) Project at Nagapattinam, Tamil Nadu. The total awarded order value is Rs 1039 crore with a total project schedule of 42 months for mechanical completion."

Engineers India provides design, engineering, procurement, construction, and integrated project management services primarily for oil and gas and petrochemical industries. The Government of India owned 51.32% stake in company as on 30 June 2021.

On a consolidated basis, the company reported a net loss of Rs 89.95 crore in Q1 FY22 compared with net loss of Rs 1.92 crore reported in Q1 FY21. Net sales jumped 57.2% to Rs 746.08 crore in Q1 FY22 over Q1 FY21.

Previous News
  Engineers India bags contract worth Rs 31.50 cr from ADNOC Offshore, Abu Dhabi
 ( Corporate News - 08-Apr-23   12:46 )
  Engineers India consolidated net profit declines 21.24% in the December 2020 quarter
 ( Results - Announcements 29-Jan-21   08:03 )
  Engineers India fixes record date for final dividend
 ( Market Beat - Reports 26-Aug-20   17:59 )
  Engineers India fixes record date for interim dividend
 ( Market Beat - Reports 10-Feb-22   09:48 )
  Engineers India bags Rs 837 crore from ONGC
 ( Hot Pursuit - 01-Aug-23   14:00 )
  Engineers India
 ( Results - Analysis 21-Aug-19   11:28 )
  Engineers India enters into MoU with Mongol Refinery, Mongolia
 ( Corporate News - 11-Feb-19   09:46 )
  Engineers India signs MoA with with ICT for joint development of technology
 ( Hot Pursuit - 17-Dec-21   09:18 )
  Board of Engineers India recommends Interim Dividend
 ( Corporate News - 11-Mar-21   18:26 )
  Engineers India announces board meeting date
 ( Corporate News - 15-Jun-20   17:22 )
  Engineers India fixes record date for interim dividend
 ( Market Beat - Reports 06-Feb-20   20:15 )
Other Stories
  Tata Motors total sales drop 11% YoY in Sept’24
  01-Oct-24   15:33
  Vipul Organics hits all-time high after board OKs Rs 25 cr right issue
  01-Oct-24   15:06
  Magellanic Cloud Ltd leads losers in 'A' group
  01-Oct-24   15:00
  Kamdhenu Ventures Ltd leads losers in 'B' group
  01-Oct-24   14:45
  GE Power India rises on bagging order worth Rs 240-cr
  01-Oct-24   14:41
  Volumes jump at Caplin Point Laboratories Ltd counter
  01-Oct-24   14:30
  TVS Motor registers 20% growth in September 2024 sales; Q2 total sales at 12.28 lakh units
  01-Oct-24   14:07
  Oil and Gas shares slide
  01-Oct-24   14:00
  Telecom shares fall
  01-Oct-24   14:00
  Real Estate stocks slide
  01-Oct-24   14:00
Back Top