ENGINERSIN.NSE News

In this briefing: From the River to the Reservoir to the Lake: China's De-Dollarisation Story Central Mine Planning & Design IPO: Robust Business Model In Place, Designed for a Sustained Growth Punjab National Bank (PNB IN) Vs. Bank of Baroda (BOB IN): Statistical Spread Hits Trigger Zone Pan-Asia Alpha Radar Event Driven: SAMHI Hotels~ Strategic Expansion into High-Margin Hotels Via RARE India Acquisition 1. From the River to the Reservoir to the Lake: China's De-Dollarisation Story PBOC’s declining holdings of US Treasuries is often equated with the de-dollarisation of the Chinese economy. Less known is that USD assets remain substantial and systemically embedded in Chinese banks Chinese data shows their domestic banks are increasingly net long USD, with positions expanding alongside weaker domestic opportunities—especially from the property downturn—reinforcing demand for dollar assets A forward-adjusted FX proxy shows RMB pressures remain driven by dollar flows, suggesting de-dollarisation narratives are overstated and China’s system still responds primarily to USD liquidity conditions 2.

In this briefing: Central Mine Planning & Design IPO: Robust Business Model In Place, Designed for a Sustained Growth Punjab National Bank (PNB IN) Vs. Bank of Baroda (BOB IN): Statistical Spread Hits Trigger Zone Pan-Asia Alpha Radar Event Driven: SAMHI Hotels~ Strategic Expansion into High-Margin Hotels Via RARE India Acquisition Exencial Industry Tidings - 17-03-2026 1. Central Mine Planning & Design IPO: Robust Business Model In Place, Designed for a Sustained Growth Central Mine Planning & Design Institute has launched IPO to raise up to INR 18.4B. The company plans to sell 107.1M shares at between INR 163 - 172 per share. CMPDIL offer consultancy and support services for the entire spectrum of coal and mineral exploration and mine planning and design services. This valuation appears to be reasonable and cheap when compared to its peers like RITES and Engineers India. We would recommend the investors to subscribe to the issue. 2. Punjab National Bank (PNB IN) Vs. Bank of Baroda (BOB IN): Statistical Spread Hits Trigger Zone Context : The Bank Of Baroda (BOB IN) vs.

Engineers India Limited ( ($IN:ENGINERSIN) ) has shared an update. Engineers India Limited announced that the Ministry of Petroleum & Natural Gas h...

Engineers India Limited posts over threefold Q3 net profit jump, driven by turnkey project revenue. Board to meet for second interim dividend, with record date set for March. Shares remain volatile amid profit booking.

Indian equity benchmarks snapped recent losses, led by financial, energy and healthcare stocks. While Sensex and Nifty gained strongly, select stocks including Ola Electric, Inox Wind and Firstcry tumbled on weak earnings, whereas Engineers India and EaseMyTrip surged.

Four Nifty 500 stocks, including Engineers India, signalled bullish momentum after their RSI crossed above 50. The RSI Trending Up scan highlights strengthening price momentum and potential upside. Such technical signals are often tracked by traders to identify short-term buying opportunities in stocks showing improving trend strength.

PSU reports ₹7,600 crore order inflow so far this fiscal; refining, fertiliser and energy transition projects drive growth across India and overseas markets.

The Engineers India Limited (EIL) says it has signed a $350 million contract agreement with Dangote refinery as project management consultant (PMC) and engineering, procurement and construction management (EPCM) consultant for the refinery’s expansion. The EIL is an Indian engineering consultancy firm. On October 26, Aliko Dangote, the founder of Dangote Group, said the Dangote refinery was expanding its production capacity from 650,000 barrels per day (bpd) to 1.4 million bpd. In a recent statement, EIL said it partnered with the Dangote Group as the PMC and EPCM consultant for the 650,000 bpd refinery, commissioned in 2024. “Believing in EIL’s Engineering and Project Management excellence, Dangote Group has once again joined hands with EIL in this endeavor and has signed a Contract Agreement of value more than US $ 350 Million to engage EIL as PMC and EPCM Consultant for this Project,” the statement reads. As part of the expansion plans, the EIL said Dangote plans to add a second processing train, which will produce Euro VI grade fuels.

SINGAPORE (ICIS)--Dangote Group has signed a $350 million deal with Engineers India Limited (EIL) for an expansion project at the company's complex in Lekki, Nigeria, the Indian firm said on 17...