{"id":144969,"date":"2025-02-13T15:16:24","date_gmt":"2025-02-13T09:46:24","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=144969"},"modified":"2025-02-13T15:16:54","modified_gmt":"2025-02-13T09:46:54","slug":"engineers-india-jumps-after-securing-order-worth-107-cr-from-iocl-for-pmc-services-in-odisha","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/engineers-india-jumps-after-securing-order-worth-107-cr-from-iocl-for-pmc-services-in-odisha\/","title":{"rendered":"Engineers India jumps after securing order worth \u20b9107 Cr from IOCL for PMC services in Odisha"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-35213279\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>This small-cap stock is engaged in providing engineering consultancy, project management, and EPC services primarily in the oil and gas, petrochemical, infra, power, and fertilizer sectors, jumped 2 percent after securing a contract order worth Rs. 107 crores from Indian Oil Corporation Limited (IOCL) for project management consultancy services in Odisha.<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-4253333383\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Stock Price Movement:<\/strong><\/h2><p>With a market capitalization of Rs. 9,573.83 crores, the share of <strong><a href=\"https:\/\/portal.tradebrains.in\/stocks\/ENGINERSIN\" target=\"_blank\" rel=\"noreferrer noopener\">Engineers India Limited<\/a><\/strong> has reached an intraday high of Rs. 171.90 per equity share, rising nearly around 1.79 percent from its previous day\u2019s close price of Rs. 168.87. Since then, the stock has retreated and is currently trading at Rs. 170.34 per equity share.\u00a0<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>What Happened:<\/strong><\/h2><p>Engineers India Limited (EIL) has received a contract from Indian Oil Corporation Limited (IOCL) for project management consultancy services at the Paradip Petrochemical Complex in Odisha. The contract is valued at approximately Rs. 106.5 crore and includes Phase I of Project Management and Managing Project Management Consultancy (MPMC) services, along with consultancy for specific units and utilities.&nbsp;<\/p><p>The project will be completed within 10 months. This order strengthens EIL\u2019s presence in the petrochemical sector and reinforces its expertise in project management.<\/p><div class=\"trade-content_5\" id=\"trade-3091632459\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Previous Order:<\/strong><\/h2><p>On February 1, 2025, Engineers India Limited (EIL) announced receiving a Rs. 222 crore Project Management Consultant (PMC) contract from HPCL for the Lube Modernization and Bottoms Upgradation (LMBU) project in Mumbai. The 36-month domestic project strengthens EIL\u2019s expertise in large-scale energy sector management.<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Business Operation:<\/strong><\/h2><p>Engineers India Limited (EIL) specializes in engineering consultancy and project management, serving sectors such as oil, gas, petrochemicals, and infrastructure. The company offers design, construction, and management solutions while expanding into renewable energy and urban development. With a workforce of over 2,600, EIL has successfully executed more than 7,000 projects valued at over $200 billion.<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Recent quarter results:<\/strong><\/h2><p>Engineers India Limited&#8217;s revenue has declined by 11.87 percent from Rs. 868 crore in Q3 FY24 to Rs. 765 crore in Q3 FY25. The net profit has increased by 73.02 percent from Rs. 63 crore in Q3 FY24 to Rs. 109 crore in Q3 FY25.&nbsp;<\/p><p><strong>Written By &#8211; Nikhil Naik<\/strong><\/p><p class=\"has-medium-font-size\"><strong>Disclaimer<\/strong><\/p><div class=\"wp-block-image\"><figure class=\"aligncenter size-medium\"><img decoding=\"async\" width=\"300\" height=\"300\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/warning-disclaimer-300x300.png\" alt=\"\" class=\"wp-image-26306\"\/><\/figure><\/div><p><strong>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on <a href=\"http:\/\/tradebrains.in\/\">tradebrains.in<\/a> are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing<\/strong>.<\/p><div class=\"trade-content-10\" id=\"trade-858943357\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_3_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"2969612066\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><div class=\"trade-after-content\" id=\"trade-2177624776\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>This small-cap stock is engaged in providing engineering consultancy, project management, and EPC services primarily in the oil and gas, petrochemical, infra, power, and fertilizer sectors, jumped 2 percent after securing a contract order worth Rs. 107 crores from Indian Oil Corporation Limited (IOCL) for project management consultancy services in Odisha. Stock Price Movement: With [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":24902,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,1789],"tags":[5412,9220,10427,9219,948,936,2597],"class_list":["post-144969","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-engineers-india","tag-engineers-india-latest-news","tag-engineers-india-latest-orders","tag-engineers-india-share-price","tag-stock-market","tag-stock-market-news","tag-stocks-to-watch"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Engineers India jumps after securing order worth \u20b9107 Cr from IOCL for PMC services in Odisha - Trade Brains Features<\/title>\n<meta name=\"description\" content=\"This small-cap stock is engaged in providing engineering consultancy, project management, and EPC services primarily in the oil and gas, petrochemical, infra, power, and fertilizer sectors, jumped 2 percent after securing a contract order worth Rs. 107 crores from Indian Oil Corporation Limited (IOCL) for project management consultancy services in Odisha.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/engineers-india-jumps-after-securing-order-worth-107-cr-from-iocl-for-pmc-services-in-odisha\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Engineers India jumps after securing order worth \u20b9107 Cr from IOCL for PMC services in Odisha\" \/>\n<meta property=\"og:description\" content=\"This small-cap stock is engaged in providing engineering consultancy, project management, and EPC services primarily in the oil and gas, petrochemical, infra, power, and fertilizer sectors, jumped 2 percent after securing a contract order worth Rs. 107 crores from Indian Oil Corporation Limited (IOCL) for project management consultancy services in Odisha.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/tradebrains.in\/features\/engineers-india-jumps-after-securing-order-worth-107-cr-from-iocl-for-pmc-services-in-odisha\/\" \/>\n<meta property=\"og:site_name\" content=\"Trade Brains Features\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/TradeBrainsOfficial\/\" \/>\n<meta property=\"article:published_time\" content=\"2025-02-13T09:46:24+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-02-13T09:46:54+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/Indian-oil-corporation-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"854\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Trade Brains\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:site\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Trade Brains\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/tradebrains.in\/features\/engineers-india-jumps-after-securing-order-worth-107-cr-from-iocl-for-pmc-services-in-odisha\/\",\"url\":\"https:\/\/tradebrains.in\/features\/engineers-india-jumps-after-securing-order-worth-107-cr-from-iocl-for-pmc-services-in-odisha\/\",\"name\":\"Engineers India jumps after securing order worth \u20b9107 Cr from IOCL for PMC services in Odisha - 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