Engineers India Ltd
ENGINERSIN

147.60

Open ()
Turnover (lac)
Prev. Close ()
Day's Vol.(shares)

147.65

Open ()
Turnover (lac)
Prev. Close ()
Day's Vol.(shares)

147.80

Open ()
Open Interest
(Contracts)
VWAP ()
Day's Vol
(shares)
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Buy
Reco. Price
Rs 155.00
We recommend BUY on the stock. We expect it to return to growth trajectory and clock 4% growth in net profit in FY17E. This will be driven by increased order inflows and change in revenues-mix towards higher margin consulting business. The stock is currently trading at an FY17E P/E of 39.7x. (Target Price- Rs175)
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50 DMA (.)
150.92
100 DMA (.)
148.45
200 DMA (.)
132.54
Weekly Range (.)
145.60
157.80
Monthly Range (.)
142.60
157.80
52 Weeks Range (.)
80.40
171.75
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