Engineers India is currently trading at Rs 233.30, up by 4.40 points or 1.92% from its previous closing of Rs 228.90 on the BSE.
The scrip opened at Rs 231.60 and has touched a high and low of Rs 233.95 and Rs 228.70 respectively. So far 12427 shares were traded on the counter.
The BSE group 'A' stock of face value Rs 5 has touched a 52 week high of Rs 288.50 on 07-Feb-2012 and a 52 week low of Rs 206.25 on 30-Aug-2012.
Last one week high and low of the scrip stood at Rs 244.90 and Rs 225.00 respectively. The current market cap of the company is Rs 7712.48 crore.
The promoters holding in the company stood at 80.40% while Institutions and Non-Institutions held 12.81% and 6.79% respectively.
Cabinet Committee on Economic Affairs (CCEA) has approved the sale of 10 percent stake in the state-owned Engineers India (EIL), which may fetch the government around Rs 800 crore.
At present, the government holds 80.40 percent stake in the company, expect to raise about Rs 766 crore via follow-on public offer (FPO) or the recently introduced offer for sale through stock exchange or auction method.
Earlier, the government had offered over 40 percent discount for selling its 5.58 percent stake in Hindustan Copper, while it offered around 8 percent discount for offloading its 10 percent stake in NMDC.
| Company Name | CMP |
|---|---|
| Engineers India | 180.90 |
| Rites | 275.20 |
| Pitti Engineering | 1344.15 |
| Kennametal India | 3057.05 |
| MTAR Technologies | 1750.55 |
| View more.. | |
MoneyWorks4Me rating and ranking of funds for SIP is available to subscribers only. Moneyworks4Me is not a rating and ranking agency, however it is required that users have a way of selecting funds and building a Portfolio. The method used by it are described below to enable users to understand the logic behind the rating and ranking Subscriber will find more details on this in the various content made available from time to time. In case you need more please write to besafe@moneyworks4Me.com
MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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