Order inflows have broadened beyond hydrocarbons and the company is foraying into nuclear and clean energy
A rebound may be possible after the severe sell-off, but sustainability is the level to watch given the bearish sentiment. Below are some short-term trading ideas to consider.
Downside risks limited, while emerging segments such as nuclear and clean energy can drive a re-rating
Stocks to Watch, 19 August: Stocks like BlueStone Jewellery, Aditya Infotech, Vedanta, Hindustan Zinc, Marine Electricals, All Time Plastics, Engineers India, GNG Electronics, Seamec, and Goldiam International will be in focus on August 19.
The partnership will support Centre's vision to accelerate the share of nuclear power and strengthen India’s energy security, and will be targetting a nuclear power capacity of 100 GW by 2047.
Stocks to Watch, 14 August: Stocks like JSW Cement, All Time Plastics, IRCTC, Pfizer, Vishal Mega Mart, Muthoot Finance, Jain Irrigation Systems, Zydus Lifesciences, Jubilant Foodworks, United Spirits, and Man Infraconstruction will be in focus on August 14.
The market is expected to consolidate further, although the overall trend remains positive. Below are some short-term trading ideas to consider.
Is the stock ripe for a rerating as the company sets the stage for sustained growth and visibility?
Prabhudas Lilladher recommended Accumulate rating on Engineers India with a target price of Rs 250 in its research report dated June 04, 2025.
In FY25, the hydrocarbon sector accounted for 55 percent of the business while the rest came from infrastructure, chemicals, fertilisers, mining, metallurgy, power and renewables, said chairman and managing director Vartika Shukla in post-results press conference.
The market is expected to continue rangebound trading in the upcoming sessions. Below are some short-term trading ideas to consider.
The market may see some consolidation after the recent significant run-up. Below are some trading ideas for the near term.
With improved execution, operational efficiencies are expected to drive margin expansion
Prabhudas Lilladher is bullish on Engineers India has recommended buy rating on the stock with a target price of Rs 242 in its research report dated February 11, 2025.
Prabhudas Lilladher is bullish on Engineers India has recommended buy rating on the stock with a target price of Rs 247 in its research report dated October 31, 2024.
Prabhudas Lilladher is bullish on Engineers India has recommended buy rating on the stock with a target price of Rs 250 in its research report dated October 17, 2024.
Around seven brokerages cover Engineers India stock: four recommend 'buy,' two suggest 'hold,' and one has a 'sell' rating
The core oil and gas sector contributes for the majority of the orders received by the company, while orders from infrastructure and green energy segments have grown in the recent years.
ICICI Securities recommended reduce rating on Engineers India with a target price of Rs 200 in its research report dated August 13, 2024.