Engineers India Shares Surges on Bagging Orders Worth Rs 150 Crore

Engineers India (EIL) shares surged over 5 per cent to hit intraday high of Rs 208 on Thursday after the company said that it has bagged orders worth Rs 150 crore from international clients.
  EIL, which provides engineering consultancy services in a release to exchanges said that its Abu Dhabi office has bagged orders worth Rs 150 crore in this fiscal so far from clients in the Middle East.
  These orders are from the oil and gas companies as well as EPC (engineering, procurement and construction) contractors for providing engineering services, EIL said in a statement.
  Shares in EIL ended 1.16 per cent higher at Rs 200.35 apiece, outperforming the broader Nifty, which closed 1.96 per cent lower.

Engineers India (EIL) shares surged over 5 per cent to hit intraday high of Rs 208 on Thursday after the company said that it has bagged orders worth Rs 150 crore from international clients.
  EIL, which provides engineering consultancy services in a release to exchanges said that its Abu Dhabi office has bagged orders worth Rs 150 crore in this fiscal so far from clients in the Middle East.
  These orders are from the oil and gas companies as well as EPC (engineering, procurement and construction) contractors for providing engineering services, EIL said in a statement.
  Shares in EIL ended 1.16 per cent higher at Rs 200.35 apiece, outperforming the broader Nifty, which closed 1.96 per cent lower.