Engineers India Limited — New Orders, 31-01-2025: Bagging/Receiving of orders/contracts

HPCL has awarded Engineers India Limited (EIL) a project for Project Management Consultant (PMC) services for the Lube Modernization and Bottoms Upgradation (LMBU) project at its Mumbai facility. The total estimated order value is approximately ₹222 crore, with a project completion timeline of around 36 months. This development indicates a solid opportunity for EIL to enhance its role in significant industrial projects, potentially bolstering its financial prospects. Investors should watch closely as this project could contribute to EIL's revenue growth and strengthen its market position in the consultancy sector.