Prabhudas Lilladher: Buy Engineers India, Target Rs 255

• Prabhudas Lilladher recommends a 'BUY' rating for Engineers India (EIL) with a target price of Rs 255.
• EIL is strengthening its margin profile by focusing on high-value consultancy projects (targeting 50-55% of order intake).
• The company is diversifying into non-Oil & Gas sectors, including airports, data centers, and institutional infrastructure.
• Strong overseas momentum is noted for hydrocarbon consultancy projects across the Middle East and Africa.
• EIL is positioned for sustained growth due to domestic hydrocarbon capex, expanding consultancy, and a strengthening international presence.

Why It Matters: It suggests Engineers India stock is a 'BUY' with a target of Rs 255.