A meeting of the board of directors of the company will be held on August 2, 2023 to consider financial results for the first quarter ended on June 30, 2023.
Attractive valuations and improving business to support stock
On a P/E basis, the stock is trading at around 8 times its FY24 estimated earnings and offers close to 6 percent dividend yield. The stock offers good margins of safety and the outlook could improve as the fundamentals improve gradually
EIL, one of the leading design, engineering consultancy and EPC companies of the country, secured a lumpsum turnkey contract (LSTK) worth over Rs 670 crore from CPCL for Residuary Upgradation Project (Coker Block), the company said in a statement.
SP Tulsian, sptulsian.com shared his reading and outlook on stocks land market. Speaking on the February series he said, “I will keep positive stance on the February series and expect t the Nifty Future to move to a level of about 6,300 or so.
After a series of delays, the Connaught Place redevelopment work is finally expected to be complete by March this year but the NDMC is no hurry to hold the agencies accountable for the lapses.
EIL will use Tekla BIM software as a tool for their upcoming structural engineering projects for efficient project collaboration.
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%.
State-run ONGC-led consortium plans to invest another USD 2.2 billion in Venezuela's oil sector.
Brahmaputra Cracker and Polymer Limited (BCPL) was set to implement the Gas Cracker project at Lepetkata in Assam's Dibrugarh district on schedule, according to Secretary, Ministry of Chemical and Fertiliser K Jose Cyriac.