back to top
HomeSHARE MARKETGovernment Share Board Meeting February 2, 2024; Company May Decide Dividend

Government Share Board Meeting February 2, 2024; Company May Decide Dividend

Hot Stocks Alert Join

Engineers India Ltd (NSE: ENGINERSIN): The mid-cap Navratna public sector company Engineers India Ltd has scheduled a meeting with its directors’ board on February 2nd, 2024 to review and decide on the financial results as well as an interim dividend if any for the period 2023-24, based on a BSE report. Informed about the meeting scheduled for February 2nd. 

The share of Engineers India Limited was closed at a level of Rs 235.50 on Monday.

The share of Engineers India Ltd has given an average return of 174 percent to investors over the last year. The market capitalization of this company is 13,200 crore.

This stock has been featured in the news often and during the last month. It has offered 40 percent returns to investors. 

Its returns in the past three months are at 88 percent.

Engineers India Limited said in its regulatory filing that they will be looking into an interim dividend.

As per Engineers India Ltd’s BSE report, it has informed BSE that the meeting of the Board of Directors of the Company scheduled for 02/02/2024 will include, among other things, a discussion of and then approval.

Looking at the unaudited standalone as well as combined performance of the financials for the quarter as well as nine months that ended on the 31st of December, 2023, and interim dividends for the fiscal year 2023-24, in the event of a dividend.

Engineers India set the record date for dividends. The Company has set Tuesday, February 12 2024 to be the “Record date” to make sure shareholders are eligible to receive interim dividends from the capital stock of the equity-paid-up shares of the Company for the fiscal year.

About Engineers India Ltd

Engineers India Ltd (EIL) belongs to the Government. It is a global leader in engineering consultancy, EPC, and construction. It was founded in 1965. 

EIL is focused on oil and gas, petrochemicals, and other industries. Consultancy & Engineering Projects and Turnkey Projects are its business segments. 

Hydrocarbons, mining, metallurgy and chemicals, fertilizers, and power are some of its activities. 

The Company is focused on a variety of sectors including liquefied gas and fertilizer, infrastructure, nonferrous metals, solar and nuclear energy, exploration and production, and strategic crude oil storage.

Fundamental Analysis of Engineers India Ltd 

Market Cap₹ 13,200Cr.
Current Price₹ 235.50
52-wk High₹ 244.80
52-wk Low₹ 70.05
Stock P/E28.02
Book Value₹ 38.5
Dividend1.28 %
ROCE23.7 %
ROE18.4 %
Face Value₹ 5.00
P/B Value6.10
OPM11.6 %
EPS₹ 8.41
Debt₹ 23.1 Cr.
Debt to Equity0.01

Engineers India Ltd Share Price Target 2024 To 2030

Year1st Target2nd Target
2024₹ 275₹ 370
2025₹ 375₹ 422
2026₹ 425₹ 449
2027₹ 485₹ 500
2028₹ 512₹ 535
2029₹ 595₹ 685
2030₹ 700₹ 722
Hot Stocks Alert Join

Engineers India Ltd Shareholding Pattern

Promoters Holding
Dec 202251.32%
Mar 202351.32%
June 202351.32%
Sept 202351.32%
Dec 202351.32%
FII Holding
Dec 20227.84%
Mar 20237.96%
June 20237.70%
Sept 20237.88%
Dec 20237.60%
DII Holding
Dec 202214.10%
Mar 202315.81%
June 202318.46%
Sept 202317.18%
Dec 202315.51%
Hot Stocks Alert Join
Public Holding
Dec 202226.74%
Mar 202324.90%
June 202322.51%
Sept 202323.60%
Dec 202325.54%

Engineers India Ltd Share: Last 5 Years’ Financial Condition

To gain a better understanding of how the market is performing, let’s look at the outlook of this share in the previous years. 

However, investors should be aware of the risks and the market conditions before making any investment decision.

Last 5 Years’ Sales:

2019₹ 2,476 Cr
2020₹ 3,237 Cr
2021₹ 3,144 Cr
2022₹ 2,913 Cr
2023₹ 3,330 Cr

Last 5 Years’ Net Profit:

2019₹ 368 Cr
2020₹ 424 Cr
2021₹ 249 Cr
2022₹ 140 Cr
2023₹ 473 Cr
Hot Stocks Alert Join

Last 5 Years’ Debt-To-Equity Ratio:

20190
20200
20210
20220
20230

Last 10 Years’ Profit Growth:

10 Years:-6%
5 Years:-2%
3 Years:-7%
Current Year:82%

Last 10 years’ Return on Equity (ROE):

10 Years:14%
5 Years:15%
3 Years:14%
Last Year:18%

Sales Growth Over 10 Years:

10 Years:3%
5 Years:13%
3 Years:1%
Current Year:7%

Conclusion

This article is a complete guide about Engineers India Ltd Share.

These information and forecasts are based on our analysis, research, company fundamentals and history, experiences, and various technical analyses. 

Also, We have talked in detail about the share’s future prospects and growth potential.

Hopefully, these informations will help you in your further investment. 

If you are new to our website and want to get all the latest updates related to the stock market, join us on Telegram Group.

If you have any further queries, please comment below. We will be happy to answer all your questions. 

If you like this information, share the article with as many people as possible.

Also Read: 550 MW Wind Turbine Order Already Received From Different PSU; ₹535 Share Target

Disclaimer: Dear readers, we’d like to inform you that we are not authorized by SEBI (Securities and Exchange Board of India). The information on this site is only for informational and educational purposes and shouldn’t be considered financial advice or stock recommendations. Also, the share price predictions are completely for reference purposes. The price predictions will only be valid when there are positive signs on the market. Any uncertainty about the company’s future or the current state of the market will not be considered in this study. We are not responsible for any financial loss you might incur through the information on this site. We are here to provide timely updates about the stock market and financial products to help you make better investment choices. Do your own research before any investment.

BEST FOR YOU

LEAVE A REPLY

Please enter your comment!
Please enter your name here