On June 13, Engineers India shares gained 3% in the early trade after Oil and Natural Gas Corporation Limited (ONGC) presented a project to the company.

ONGC has awarded the project for standby of 3 CSU off-gas compressors and 6 regeneration gas compressors. It has also demanded the installation of a CBD vessel at Uran Plant under EPC reimbursable basis (Open Book Estimate (OBE) mode) to Engineers India company.

The overall estimated order value is about Rs 472 crore, with a project completion agenda of about 40 months.
At 9:38 am, Engineers India was trading at Rs 112.90, up Rs 3.00, or 2.73% on the BSE.

The share moved a 52-week high of Rs 114.50 and a 52-week low of Rs 55.95 on June 7, 2023 and June 20 2022, respectively.

It trades 1.4% below its 52-week high and 101.79% above its 52-week low. The share price of the company rose 80% in the past year.