CravingAlpha Chronicles: This under owned PSU stock clocked 25% in a month
Engineers India Limited has been a part of our Future Leaders Portfolio and has generated a neat 25% for our clients, read on to know why we think it's still a good stock!
Engineers India’s stock has seen a solid one way move in the past month surging from 115 to 146 or 25%
In recent years, EIL has been on a turnaround. The company has improved its operational efficiency and financial performance. It has also won a number of major contracts, including the Barmer oilfield development project in Rajasthan and the Dabhol power project in Maharashtra.
The company is a government owned EPC with exposure to projects in developing markets like Nigeria and Mongolia.
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