Engineers India: Key Support Levels
Engineers India is currently at a strong support level, and a confirmation of a strong close over the next day could indicate a potential bounce. The stock is positioned well, and if it maintains this support, it may present a buying opportunity.
Fundamental Points for Engineers India (2024):
Market Capitalization: Approximately ₹10,160 crore.
P/E Ratio: Around 27.66, suggesting a moderate valuation.
Return on Equity (ROE): Approximately 13.5%, indicating reasonable profitability.
Dividend Yield: About 1.65%, providing some income to investors.
Recent Performance: The stock has seen fluctuations, with a 52-week range of ₹170 to ₹304.
With solid fundamentals and current pricing near key support levels, Engineers India may be an attractive option for investors looking for potential rebounds.
Fundamental Points for Engineers India (2024):
Market Capitalization: Approximately ₹10,160 crore.
P/E Ratio: Around 27.66, suggesting a moderate valuation.
Return on Equity (ROE): Approximately 13.5%, indicating reasonable profitability.
Dividend Yield: About 1.65%, providing some income to investors.
Recent Performance: The stock has seen fluctuations, with a 52-week range of ₹170 to ₹304.
With solid fundamentals and current pricing near key support levels, Engineers India may be an attractive option for investors looking for potential rebounds.
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