What is the Current Status of EIL's Share Price on NSE?
John ShahidiWhat is the Current Status of EIL's Share Price on NSE?
EIL, or Engineers India Limited, is a leadingengineering consultancy companythat operates in the energy, oil and gas, petrochemicals, and infrastructure sectors. As of the latest update, the share price of EIL on NSE (National Stock Exchange) is Rs. 84.20.
Market Performance
EIL's share price has been volatile in the last one year, with a high of Rs. 107.95 and a low of Rs. 57.30. However, in the last six months, the stock has shown an upward trend, with a growth of 47.78%. In the last three months, the stock has grown by 20.58%. The company's market capitalization is Rs. 7,018.62 crore.
Financial Performance
EIL'sfinancial performancehas been strong in the last few years. In FY2020, the company's revenue was Rs. 3,551.93 crore, with a net profit of Rs. 660.52 crore. In FY2019, the revenue was Rs. 3,526.85 crore, with a net profit of Rs. 570.62 crore. The company's EPS (earnings per share) for FY2020 was Rs. 13.92, and the EPS for FY2019 was Rs. 11.36.
Investment Analysis
EIL's stock has shown a positive growth trend in the last six months, which makes it an attractive investment opportunity. However, investors should also consider the volatility of the stock and the impact of the COVID-19 pandemic on the company's operations. It is also important to analyze the company's financial performance and growth prospects before making an investment decision.
Investment Strategy
Investors who are interested in investing in EIL's stock should consider a long-terminvestment strategy. This means that investors should hold the stock for a period of at least three to five years. It is also important to diversify the investment portfolio and not invest all the money in one stock. Investors should also keep an eye on the company's financial performance and news related to the industry.
Conclusion
EIL is a leading engineering consultancy company that has shown strong financial performance in the last few years. The stock has shown a positive growth trend in the last six months, making it an attractive investment opportunity. However, investors should consider the volatility of the stock and the impact of the COVID-19 pandemic on the company's operations before making an investment decision. A long-term investment strategy and diversification of the investment portfolio are recommended.
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