Support and Resistance Levels
Past performance
About Coromandel Engineering Company Ltd Coromandel Engineering Company Limited, established in 1947, is a prominent player in India's construction industry, part of the USD 3.8 billion Murugappa Group. As one of India's oldest construction companies, it has pioneered several innovative engineering techniques, including introducing the pre-engineered metal building system in the country. The company offers integrated turnkey construction services across industrial, commercial, infrastructure, and residential sectors, with significant operations in Tamil Nadu, focusing on property development in the real estate sector.
The company transitioned to a public limited entity in 1975, with its shares listed on the Bombay Stock Exchange since 2010. Notable projects include the 14-storey LIC Building in Chennai and landmark commercial structures in Bangalore. Coromandel Engineering also expanded into property development in the late 1980s and has continued to diversify its portfolio, undertaking major construction projects for various sectors, including power and manufacturing. The company holds ISO 9001:2008 and OHSAS 18001:2007 certifications, ensuring quality and safety standards.