Vikran Engineering Debuts on Market:
- Vikran Engineering, which recently came out with an IPO worth ₹772 crore, made its trading debut on September 3, 2025.
- The shares listed at ₹99.70 on the BSE—about 2.78% above the IPO price, and around ₹99 on the NSE—roughly 2% above.
- Investor interest was significant, with over 24 times subscription during the IPO period .
- Backed by well-known investors like Mukul Agrawal and Ashish Kacholia, the share showed a 5% rise over its IPO price initially, though it did not match the high expectations from the grey market
M & B Engineering Ltd — Share Price Snapshot
- As of 3rd September 2025 at 3:45 PM IST, M & B Engineering Ltd was trading at ₹415.25, down 4.60% from its previous close of ₹435.25
- Key metrics:
- PE Ratio: ~30.97
- Price-to-Book (P/B): ~4.09
- EPS (Trailing 12 months): ₹13.45
- Market Cap: ₹2,373 crore
- 52-week range: ₹373.25 (low) to ₹494 (high)
Popular Engineering Giant: Engineers India Ltd
- Engineers India Ltd is trading at ₹201.93, down 0.74% from the previous day’s close (₹203.43) as of 3rd September 2025
- Key financial data:
- 52-week range: ₹142.20 (low) – ₹255.45 (high)
- PE Ratio: ~20.65
- P/B Ratio: ~4.28
- Dividend Yield: ~1.98%
- Analysts’ 12-month target range: ₹205 to ₹269, median target around ₹236.83
Broader Industry Movement
- Larsen & Toubro (L&T) saw a modest 0.78% rise, trading near ₹3,600, outperforming the Sensex which climbed 0.51%
- BHEL (Bharat Heavy Electricals Ltd) shares rose about 1.8%, reaching ₹211.70, supported by a newly signed technology license deal with DRDO’s Defence Metallurgical Research Lab
Sector Summary: What’s the Trend?
Extra Insights on Engineering Share Prices
- New engineering stocks like Vikran are drawing investor attention with lively IPO performance—albeit with mixed outcomes post-listing.
- Established players such as Engineers India and L&T show steady movement, while M & B Engineering faces downward pressure amid market volatility.
- Public sector firms like BHEL benefit from government and defence-linked technological developments.
. IPO Craze and Investor Sentiment
- The strong listing of Vikran Engineering shows that investors are still hungry for engineering and infrastructure-related companies, especially those linked to government projects.
- Grey Market Premium (GMP) for Vikran was higher before listing, but actual listing gains were moderate. This teaches investors an important lesson: GMP is not always a guarantee of big listing profits.
Why Engineering Stocks Are in Focus
- The Indian government’s push on Make in India, infrastructure expansion, green energy projects, and defence manufacturing is directly benefiting engineering companies.
- For example:
- BHEL gained because of its technology tie-up with DRDO.
- L&T continues to benefit from large government contracts in roads, metro, and defence projects.
- Engineers India Ltd is linked closely with the oil & gas sector and refinery projects, so rising crude oil prices or new government energy projects impact its shares.
- Also read:Elev8 Venture Partners Triumphs with Rs 1,400 Crore Maiden Fund to Fuel Indian Startup Growth
Last Updated on: Wednesday, September 3, 2025 6:57 pm by BUSINESS SAGA TEAM | Published by: BUSINESS SAGA TEAM on Wednesday, September 3, 2025 6:57 pm | News Categories: Business Saga News
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