Engineers India shines bright

Engineers India is big gainer today morning; the stock, which had closed yesterday at Rs.109.90, opened today at Rs.113.15 and went up further to Rs.113.65, which is not too far from its 52-week high of Rs.114.50.

The renewed interest on the counter comes after ONGC awarded the company a project worth Rs.472 crore.

This order is for replacement of three CSU off-gas compressors and for 6 regeneration gas compressors.

Engineers India will also install a CBD vessel at the Uran plant on an EPC-reimbursable basis.

The project is scheduled for completion in 40 months.