Improved performance, robust fundamentals make Engineers India stock analysts' top pick - News Summed Up

Improved performance, robust fundamentals make Engineers India stock analysts' top pick


When Engineers India was featured as the pick of the week a year back, its revenue and net profit had been falling. This was largely on account of improving financials oil PSUs and its impact on Engineers India. Engineers India saw a substantial improvement in its performance and the market rewarded it by pushing prices up 47%. The Sensex rose by 15% during the same period.Despite the spike stock price, analysts continue to be bullish on this counter, because Engineers India is on the path to growth. You can see similar consensus analyst rating changes during the past week in the ETW 50 table.


Source: Economic Times September 12, 2016 00:56 UTC



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