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  • 18 for 18: Top stock ideas for 2018

  • 20% margin growth in consultancy business is great, says Engineers India

  • New order in Oman to add 10-15% to revenue: McNally Bharat

  • Clarity on urea policy will attract more investment: NFL

  • Govt to divest 10% stake via FPO route: EIL

    Ashok Kumar Purwaha, chairman, Engineers India, says that the government is planning to disinvest around 10 percent stake in the company via follow-on public offer (FPO) route. The FPO is likely to hit the market by the second quarter of 2013-14.

  • Engineers India upbeat on heavy order-book

    Ashok Kumar Purwaha, chairman, Engineers India Limited explains to CNBC-TV18 the company will post reasonable growth after recording continued growth in turnover of 50% with PBT and PAT levels at over-33%.

  • EIL needs no debt or equity in FY12

    Ashok Kumar Purwaha chairman of Engineers India Ltd (EIL) says the company doesn’t require any borrowings in FY12. “We are a zero debt company today and are sitting on a cash of about Rs 2,000 crore. We don't need to go in for any borrowings.”

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