EIL shares surge over 6% as board to mull interim dividend

Tags: News
Shares of Engineers India Ltd today soared over 6 per cent after the company scheduled a meeting of the Board of Directors on March 15, 2014, to consider declaration of interim dividend for the financial year ending March 31.

EIL's shares ended the day 6.36 per cent higher at Rs 177.35 on the BSE after earlier hitting an intra-day high of Rs 179.40, exhibiting a gain of 7.58 per cent.

On the NSE, the stock surged 6.37 per cent to close at Rs 177.90.

In a post market announcement to the BSE yesterday, the company said, "The Board of Directors will meet on March 15, 2014, inter alia, to consider declaration of interim dividend on the equity shares for the financial year 2013-14."

In a separate announcement, Engineers India said the record date for interim dividend 2013-14 would be March 21, 2014, if Board declares the interim dividend.


  • Long-term health cover makes good sense for both the insurer and the insured

    Long-term health insurance products make enormous sense.


Stay informed on our latest news!


Sarthak Raychaudhuri

vice-president, HR, Asia South Whirlpool of India

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs


Urs Schoettli

America lacks will to contain China

Recently both the Chinese leader Xi Jinping and Indian prime ...

Zehra Naqvi

Exercise gets creative juices flowing

Ever known that feeling of being sluggish and drowsy, of ...

Bubbles Sabharwal

You are what you believe yourself to be

The Gita says a man is what his shraddha is. ...


William D. Green

Chairman & CEO, Accenture