Breakout Stock: Engineers India

13 Sep

Engineers India has given a breakout from the support levels of 203, 212.
Volume buildup also confirms the uptrend.
Positive News about Engineers India as per CNBC-TV 18 report:

• Venturing into Green Hydrogen and Green Ammonia space
  
• Entering in high-end infra sector across geographies like UAE, Kuwait, Guyana, Algeria, Bahrain
  
• Expanded footprint to defence production.
  
• 2 Compressed Biogas plants to be put up based on agri waste.
  
• Orderbook is at an all time high of ₹11,300 cr.