Engineers India Share Price Target Tomorrow 2024 To 2030- Market Overview, Financials

Engineers India Ltd (EIL) is a leading public sector engineering consultancy and EPC (Engineering, Procurement, and Construction) company in India. Established in 1965, it specializes in projects related to oil and gas, petrochemicals, refineries, and infrastructure. EIL has played a key role in developing India’s energy and industrial sectors with its innovative solutions and technical expertise. The company is known for its extensive experience, global presence, and robust project execution capabilities. Engineers India Share Price on NSE as of 3 December 2024 is 203.64 INR. Here will provide you more details on Engineers India Share Price Target 2024, 2025, 2026 to 2030.

Engineers India Ltd: Market Overview

• Open Price: ₹198.50
• High Price: ₹208.40
• Low Price: ₹198.50
• Previous Close: ₹198.31
• Volume: 10,884,197
• Value (Lacs): ₹22,196.14
• VWAP: ₹205.53
• UC Limit: ₹237.97
• LC Limit: ₹158.64
• P/E ratio: 30.94
• Div yield: 1.47%
• 52-wk high: ₹303.90
• 52-wk low: ₹147.40
• Mkt cap: ₹11.49KCr
• Face Value: ₹5

Engineers India Ltd Competitors

As of December 2024, Engineers India Ltd (EIL) has a market capitalization of approximately ₹11,461 crore. Here are four competitors in the engineering consultancy and EPC (Engineering, Procurement, and Construction) sector, along with their market capitalizations:

1. Larsen & Toubro Ltd (L&T): A leading multinational conglomerate with a significant presence in engineering, construction, and manufacturing, boasting a market capitalization of around ₹5,04,349 crore.
2. Rail Vikas Nigam Ltd (RVNL): Specializes in the development of railway infrastructure, with a market capitalization of approximately ₹92,449 crore.
3. Sadbhav Engineering Ltd: Engaged in civil engineering and construction, particularly in roads and highways, with a market capitalization of about ₹1,058 crore.

4. JMC Projects (India) Ltd: Provides engineering, procurement, and construction services, with a market capitalization of approximately ₹4,223 crore.

Engineers India Share Price Chart

Engineers India Share Price Target Tomorrow 2024 To 2030

Engineers India Share Price Target 2024

Engineers India share price target 2024 Expected target could be ₹305. Here are four key factors that could affect the growth of Engineers India Ltd share price target for 2024:

• Increased Infrastructure Investments: Government initiatives like the National Infrastructure Pipeline (NIP) and increased capital allocation for energy, oil, and gas projects are expected to drive demand for Engineers India’s consultancy and EPC services.
• Focus on Clean Energy Projects: Growing emphasis on renewable energy, biofuels, and green hydrogen projects aligns with the company’s expertise in energy sector solutions, potentially boosting revenue streams.
• Order Book Growth: Expansion of the company’s order book through domestic and international contracts in oil refineries, petrochemicals, and water management sectors is a key driver for earnings growth.

• Government Support for Public Sector Units: As a leading consultancy provider to PSUs, favorable government policies for public sector development and Make in India initiatives could positively influence Engineers India’s profitability and share price momentum.

Engineers India Share Price Target 2025

Engineers India share price target 2025 Expected target could be ₹340. Here are four key factors that could affect the growth of Engineers India Ltd share price target for 2025:

• Expansion in International Markets: Engineers India’s strategic focus on securing contracts from overseas markets, particularly in the Middle East and Africa, is likely to diversify revenue streams and support growth.
• Green Energy Transition: With increased global and domestic investment in renewable energy and sustainable projects like green hydrogen, Engineers India’s expertise in clean energy solutions could enhance its project pipeline.
• Revival in Oil & Gas Investments: A recovery in the oil and gas sector, coupled with modernization and capacity expansions of refineries, could lead to higher demand for the company’s engineering and EPC services.

• Technological Advancements: Adoption of advanced digital and engineering technologies such as smart solutions and process automation may improve operational efficiency and enable the company to undertake more complex and high-value projects.

Engineers India Share Price Target 2030

Engineers India share price target 2030 Expected target could be ₹550. Here are four risks and challenges that could impact Engineers India Ltd share price target for 2030:

• Dependence on Oil & Gas Sector: A significant portion of Engineers India’s revenue comes from the oil and gas sector. Any prolonged shift away from fossil fuels or volatility in crude oil prices could reduce project opportunities.
• Intense Competition: Growing competition from domestic and international engineering firms could pressure margins and impact the company’s ability to secure large-scale contracts.
• Delays in Government Projects: As a major player in government infrastructure projects, delays in approvals, funding issues, or policy changes could slow down revenue growth and project execution.

• Technological Disruptions: Failure to keep pace with rapidly evolving engineering technologies or delays in adopting digital transformation initiatives may affect the company’s competitive edge and operational efficiency.

Engineers India Ltd Shareholding Pattern

• Promoters: 51.32%
• Retail and Others: 30.34%
• FII: 7.32%
• Mutual Funds: 5.77%
• DII: 5.25%

Engineers India Ltd Financials

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