Sanjiv Bhasin Stock, Top Pick: PSU stock under Rs 300 gets BUY call
sanjiv bhasin stock, top pick: psu stock engineering india limited under rs 300 gets buy call share price target 2024
Engineers India Limited Share Price News: Shares of Engineers India Limited (EIL) on Tuesday i.e. April 30 climbed by more than 1 percent. The stock of the civil construction company opened at Rs 240.95 vs the previous closure of Rs 238.50 on NSE. Around 10:32 am, shares of the Nifty Infrastructure company traded at Rs 238.65 apiece, up by Re 0.15 points or 0.06 per cent. More than 31.02 lakh equity shares changed hands at the same time.
Veteran market expert Sanjiv Bhasin has recommended investing in Engineers India Limited share. He also shared the complete strategy for investing in this insurance stock. The expert also gave a BUY rating and shared information about important details regarding this stock. “Growth in the upcoming years is unbelievable,” says Bhasin.
Engineers India Limited Share Price Target 2024
Bhasin, also the Director of IIFL Securities, has set a target of Rs 300. Stop loss, he said, should be at Rs 220.
Engineers India Limited Share Price History
Engineers India Limited is a constituent of the S&P BSE 500. According to BSE analytics (as of April 30), shares of Engineers India Limited up by 15.08 per cent and 13.72 per cent in the last 1 week and 2 weeks, respectively. In the last 1 month and 3 months, shares of the company gained by 18.45 per cent and 2.71 per cent, respectively. On a YTD basis, the company’s shares rose by 31.72 per cent. In the past 1 year, 2 years, 3 years, 5 years and 10 years, shares of the civil construction company climbed by 189.10 per cent, 271.43 per cent, 228.35 per cent, 113.19 per cent and 110.10 per cent, respectively.
Engineers India Limited Dividend History
In 2024, Engineers India Limited paid a dividend of Rs 2 in February. Last year, the civil construction company announced dividend twice i.e. of Rs 2 and Re 1 with an ex-date on February 13 and August 25, respectively. Similarly, in 202, the company declared dividends twice of Rs 2 and Re 1 with an ex-date on February 16 and September 2, respectively.
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