Buy Engineers India, target Rs 218: Manas Jaiswal

Buy Engineers India Ltd. at a price target of Rs 218.0 and a stop loss at Rs 197 from entry point.

Manas Jaiswal of manasjaiswal.com has a buy call on Engineers India with a target price of Rs 218.

The current market price of Engineers India is Rs 205.

Time period given by the analyst is intraday when Engineers India price can reach defined target.

Manas Jaiswal recommended to keep a stop loss at Rs 197.

Engineers India, incorporated in the year 1965, is a Large Cap company (having a market cap of Rs 12,954.18 Crore) operating in Service sector.

The company’s top management includes Mr.Ajay Narayan Deshpande, Mr.Chaman Kumar, Mr.Jagdish Chander Nakra, Mr.Rajesh Kumar Gogna, Mr.Rakesh Kumar Sabharwal, Mr.Sandeep Poundrik, Mr.Umesh Chandra Pandey, Mr.Vikas Khushalrao Deshpande, Mr.Vipin Chander Bhandari, Mrs.Arusha Vasudev, Ms.Shazia Ilmi Malik, Prof. (Dr)Mukesh Khare.
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Company has Arun K Agarwal & Associates as its auditors.

As on 30-09-2017, the company has a total of 631,911,420 shares outstanding.
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