EIL a good company from investment perspective: Sajiv Dhawan

Sajiv Dhawan, MD, JV Capital Services

Government set the price band of EIL FPO at Rs 270-290, what is going to happen?

Engineers India Limited is a decent company as it has been in the news a lot. It is one of those disinvestment stories always. It is a good company from an investment perspective. From the speculative angle, all the news is out. Easy money again has been made so if you are looking to accumulate with the longer term perspective it is a fine stock but probably not one of the stocks which is going to be the flavour of the market considering the current valuations.