EIL donates bus to SOS Children Avoid EIL and public stated companies at present Mitesh Thacker 2011

Invercargill network EIL had an operating after-tax surplus of $6.13 million while The Power Company, which runs services in Southland, had an after-tax surplus of $8.8m. The Power Company was able to offer its customers $4.8m in discounts, while EIL
Engineers India (EIL) the PSU Engineering Project Consultancy & Turnkey major registered 29% growth in its bottomline to Rs 148.07 crore for the quarter ended June 2011, riding on the strong 41% growth in revenue to Rs 853.60 crore and higher other
New Delhi, Delhi, August 11, 2011 /India PRwire/ -- SOS Children's Villages of India (SOS India), a child care organization in association with Engineers India Limited (EIL, a Government of India undertaking) witnessed the flag off event of the school

What is your call on EIL and some of these public stated companies, what are the charts looking like there?

Not much happening over there, in fact it is kind of going in a bounce back after performing some base at 260-270 odd level but upside will be capped. The 200 day average is at about 300, that is going to act as some kind of supply level. So I would probably not look at with much interest on these stocks, particularly now because given the fact that the market has broken down and the midcap stocks have also started to correct, the hope of activity building up over here or volumes going up is also not there for the next few days.

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