HomeNewsBusinessMoneycontrol ResearchEngineers India: Lower growth, uncertainties could keep stock under pressure

Engineers India: Lower growth, uncertainties could keep stock under pressure

Over the next six months, orders worth Rs 30,000-40,000 cr could come up for bidding and the company is eying orders worth about Rs 2,500-3,000 crore. The stock has, however, undergone a rerating and valuations are high

Jitendra Kumar Gupta

November 21, 2023 / 12:16 IST

Engineers India: Lower growth, uncertainties could keep stock under pressure

Engineers India has seen a good rerating on the back of order inflows and improving outlook

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Disclosure & Disclaimer

This Research Report / Research Recommendation has been published by Moneycontrol Dot Com India Limited (hereinafter referred to as “MCD”) which is a registered Investment Advisor under the Securities and Exchange Board of India (Investment Advisers) ...Read More