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Engineers India formed robust bullish candlestick pattern on the daily timeframe with significantly higher volumes. The rally of 10 percent was after 5-6 days of consolidation and now the stock traded above all key moving averages.

Consolidated revenue for the quarter came in at Rs 38,821 crore, up 1.3 percent YoY. Revenues for the quarter were marginally above analyst estimates of Rs 38,630 crore.

The Biden administration has deployed various programs to try to increase access to clean energy. But systems that could help lower bills are still out of reach for many low-income households.

The company ended the December quarter with 322,663 employees

On a sequential basis, the company’s bottomline declined by 1.7 percent, the Bengaluru-based company said in a regulatory filing on January 11.

Earlier, in the first and second quarters of FY24, the company had announced dividends of Rs 9 per share for each quarter. As of now, the total dividend declared for FY24 stands at Rs 45 per share

The Indian equity benchmarks closed in green on January 11, Sensex was up 0.08 percent at 71,721.18, and the Nifty was up 0.13 percent at 21,647.20

Among the top auto stocks today, Hero Motocorp led the charge, gaining nearly 5 percent

The options data clearly indicated that 21,700 is expected to be an immediate hurdle for the Nifty 50, while immediate support may be at 21,600.

The Q3 results season will provide indications of the Nifty earnings for FY24. Financials, capital goods, telecom, automobiles and hotels will post good numbers, analysts said