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Engineers India: Why we are turning cautious

While the company has good opportunities and a strong balance sheet could support its initiatives in the exports and the energy transition space, it would be worth keeping a watch on their execution over the next two quarters

March 07, 2024 / 12:46 IST
Considering the high valuations, the EIL stock offers little margin of safety
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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