Engineers India (EIL) Share Price Target 2023, 2024, 2025 to 2030

Engineers India Ltd. (EIL) is an Indian state-owned engineering and construction company, headquartered in New Delhi, India. It is a Public Sector Undertaking of the Government of India under the Ministry of Petroleum and Natural Gas and is India’s leading engineering consultancy and EPC contractor. 

Engineers India Ltd. was founded in 1965, mainly to provide engineering and related technical services for the development of the Indian petroleum industry. EIL also provides engineering and related services for projects in the hydrocarbon sector and other infrastructure sectors. The company has executed projects in more than 65 countries, including the United States, Canada, the United Kingdom, Australia, Japan, and South Africa.

EIL Share Price History

EIL has a long and successful track record of growth and profitability. Its stock price has been appreciating steadily over the years. In the past five years, its share price has appreciated by over 200%. The company’s performance has been driven by its strong project execution capabilities, high-quality engineering services, and increasing demand for its services in the oil and gas sector. 

EIL has also been able to capitalize on the government’s focus on increasing domestic production of natural gas. It has been actively involved in the development of the country’s biggest gas discoveries, such as the KG-D6 basin. This has resulted in higher revenues and profits for the company. 

The company’s stock price has been volatile during the ongoing coronavirus pandemic and the resulting slowdown in the global economy. However, the company’s fundamentals remain strong and its stock price is expected to remain on an uptrend in the long run.

As of January 20, 2023, the stock price of Engineers India Ltd is 87.80 INR. 

Engineer India Ltd. in recent news

➤Engineers India Ltd is going to deliver Owner’s Engineer Service to Adani

➤EIL organized a one day technical training programme

How to buy Engineers India Ltd. shares?

You can buy Engineers India Ltd shares through a stockbroker or a broker. You will need to open a demat account and trading account with the broker. Once your accounts are opened and funded, you can place an order for Engineers India Ltd shares with your broker. Your broker will execute the order on your behalf and the shares will be transferred to your demat account.

Some of the online trading platforms are:

Zerodha Click here
Upstox Click here
Groww Click here
AngelOne Click here
ICICIDirect Click here

Engineers India Ltd (EIL) Share Price Prediction 2023 to 2030

Engineers India Ltd. EIL Share Price Target 2023 is ₹120.15

When Maximum Price Minimum Price
January 2023 ₹87.80 ₹63.57
February 2023 ₹89.56 ₹68.89
March 2023 ₹67.17 ₹51.67
April 2023 ₹73.88 ₹56.83
May 2023 ₹61.57 ₹47.36
June 2023 ₹73.88 ₹56.83
July 2023 ₹88.66 ₹68.20
August 2023 ₹97.53 ₹75.02
September 2023 ₹102.40 ₹78.77
October 2023 ₹97.53 ₹75.02
November 2023 ₹107.28 ₹82.52
December 2023 ₹120.15 ₹92.43

Based on the current market trends, analysts are expecting the stock price of Engineers India Ltd (EIL) to reach a target of ₹120.15 over the next 12 months. This will be driven by the company’s strong growth prospects in the engineering and construction sector. The company’s investments in infrastructure projects and expansion into new markets will likely contribute to the upside in the stock price.

EIL Share Price Target 2024 is ₹168.22

When Maximum Price Minimum Price
January 2024 ₹126.48 ₹97.29
February 2024 ₹142.11 ₹118.42
March 2024 ₹149.59 ₹121.62
April 2024 ₹135.99 ₹104.61
May 2024 ₹113.32 ₹87.17
June 2024 ₹135.99 ₹104.61
July 2024 ₹115.59 ₹89.61
August 2024 ₹127.15 ₹100.91
September 2024 ₹133.51 ₹102.70
October 2024 ₹157.07 ₹120.82
November 2024 ₹164.92 ₹126.86
December 2024 ₹168.22 ₹129.40

Looking at the current market trend, we can assume that the share price of Engineers India Ltd might reach ₹168.22 by the end of 2024.

EIL (Engineers India Ltd) Share Price Target 2025 is ₹204.05

When Maximum Price Minimum Price
January 2025 ₹171.58 ₹131.99
February 2025 ₹180.61 ₹138.93
March 2025 ₹189.64 ₹145.88
April 2025 ₹169.33 ₹130.25
May 2025 ₹153.93 ₹118.41
June 2025 ₹169.33 ₹130.25
July 2025 ₹161.26 ₹124.05
August 2025 ₹167.98 ₹129.22
September 2025 ₹176.38 ₹135.68
October 2025 ₹186.96 ₹143.82
November 2025 ₹200.05 ₹153.89
December 2025 ₹204.05 ₹156.96

The Engineers India Ltd per share price might reach ₹204.05 by the end of 2025.

Engineers India Ltd. Share Price Prediction 2026-2030

Year Maximum Price Minimum Price
2026 ₹142.84 ₹99.99
2027 ₹121.41 ₹84.99
2028 ₹218.54 ₹152.98
2029 ₹448.91 ₹314.24
2030 ₹499.93 ₹349.95

It is difficult to predict the future share price of Engineers India Ltd (EIL) beyond 2026-2030. However, it might reach around Rs. 500 by the end of this decade. Factors such as EIL’s performance, the overall economy, industry trends and the stock market will play a major role in determining the future share price of EIL. 

Investors should conduct thorough research and keep an eye on the company’s financial performance and industry trends to make informed investment decisions.

Engineers India Ltd Financial Condition: Last 5 years

Narration Mar-18 Mar-19 Mar-20 Mar-21 Mar-22 Trailing
Sales           1,824.31       2,475.80       3,236.54       3,144.17       2,912.78       3,117.77
Expenses           1,395.44       2,098.60       2,781.18       2,792.20       2,566.72       2,850.04
Operating Profit               428.87           377.20           455.36           351.97           346.06           267.73
Other Income               176.18           222.28           255.38             33.77           129.78           174.98
Depreciation                     24.00             22.49             24.00             23.65             23.63             25.20
Interest                       1.96               2.76               3.72               5.77               2.75               1.07
Profit before tax               579.09           574.23           683.02           356.32           449.46           416.44
Tax               195.75           201.28           249.16             94.87           106.58             85.91
Net profit               383.31           368.45           423.82           248.91           139.52           259.77
EPS                       6.07               5.83               6.71               4.43               2.48               4.62
Price to earning                     26.12             20.12               8.95             17.39             25.80             18.95
Price               158.45           117.30             60.05             77.00             64.05             87.60
RATIOS:
Dividend Payout 65.94% 68.60% 76.79% 45.16% 120.85%
OPM 23.51% 15.24% 14.07% 11.19% 11.88% 8.59%

FAQS

Will the share price of Engineers India Ltd grow in 2023?

Yes, as the company is growing steadily, the share price of Engineers India Ltd will grow and reach ₹120.15 by the December of 2023.

What is the price prediction for Engineers India Ltd for 2030?

The per share price of EIL might reach around ₹499.93 by the end of 2030 on the basis of our calculations and current market trends.

What is the current market condition of Engineers India Ltd Stock?

At the time of writing, the Engineers India Ltd share price is trading at ₹87.80 with a market capitalisation of 49.66 billion INR.

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Conclusion

The future of Engineers India Ltd looks promising, with an expected increase in share price over the coming years. Although short-term market fluctuations may affect the stock price, long-term investors should be able to benefit from the company’s solid fundamentals and growth prospects.

EIL is expected to benefit from the increasing demand for their services and products in the industrial and energy sectors, which should result in a steady increase in share price between 2023 and 2030.

 

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