Engineers India Ltd

Gainers & Losers: 10 stocks that moved the most on August 25

About 1,431 shares advanced, 2,093 declined and 111 shares remained unchanged

Engineers India falls over 3% after board nod to buy 4.37% in Numaligarh Refinery

In a regulatory filing, the company said that the board of directors have approved a plan to subscribe 1,25,73,627 of equity shares in the Right Issue Offer of the Guwahati based- Numaligarh Refinery.

Govt to divest 10% stake in EIL; aims to raise Rs 800 cr

The government decided to offload its 10 stake in consultancy major Engineers India Ltd (EIL) through public offer, which may fetch it around Rs 800 crore this fiscal.

Oil India may take 10-15% stake in HPCL's Barmer refinery

After Vedanta Resources plc and Engineers India Ltd, state-owned Oil India Ltd has evinced interest in taking a stake in Hindustan Petroleum Corp Ltd's planned 9 million tonnes a year refinery in Rajasthan.

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.”