Indian stock markets extended their losses for a consecutive session on Friday, 13 February 2026, as Indian IT stocks dropped as much as of 5%, mirroring losses on Wall Street. The Nifty 50 fell 1.01% to 25,545, and the BSE Sensex shed 0.98% to 82,859 at the time of writing.
One stock that is seeing massive gains in a subdued market is Engineers India. Today at the time of writing, its stock price touched a high of Rs.209.7 a 15.9% rise from its previous close of Rs 180.9
Let's see the reasons for the same...
The main driver behind the surge was the financial results for the quarter ending December 2025 that the company announced on 12 February 2026.
The standalone PAT (Profit After Tax) grew 242% year on year (YoY) to Rs 3,017.4 m.
The revenue surged 59% to Rs 1,1940 m. The operating margin expanded massively driven by high-margin consultancy work and project execution efficiency.
A sizeable portion of the profit boost came from one-time accounting gain. The company reported a Rs 2,135.8 m adjustment related to major turnkey project that reached mechanical completion.
This settlement allowed the company to recognise a substantial revenue and profit.
Adding to the positive statement, the board declared an interim dividend of Re1 per share.
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