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Engineers India jumps on upbeat comments on Nigeria refinery capacity



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** Shares of Engineers India ENGI.NS rise as much as 6.5% to 223.99 rupees

** Co says Dangote refinery in Nigeria operating at 65%-70% capacity, with full capacity expected in 3-4 months

** Sees Mongolia refinery mechanically completed by end of 2025/26

** More than 11.3 mln shares traded as of 11:44 a.m. IST, busiest day yet in Sept.

** Mean rating of 6 brokerages rating the stock is "buy"; their median PT is 245 rupees - LSEG data

** ENGI last up 5.5%, adding to YTD gains of ~29% so far, on track to rise for 3rd straight year

($1 = 83.9775 Indian rupees)



Reporting by Meenakshi Maidas in Bengaluru

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