4 Stocks Showing Bullish RSI Upswing Including Engineers India
February 16, 2026
**Engineers India Leads Nifty 500 Bullish Crossovers**
Four prominent stocks within the Nifty 500 index have signaled a significant shift in price momentum. Technical scans on February 13 confirmed that Engineers India, Aditya Birla Fashion, TBO Tek, and K.P.R. Mill crossed above the 50-mark on the Relative Strength Index (RSI).
This "RSI Trending Up" signal indicates that price strength is moving from a neutral or bearish zone into bullish territory. Traders often use this crossover as a leading indicator for short-term buying opportunities and potential price appreciation.
**Engineers India: Triple Surge in Profitability**
Engineers India Limited (EIL) emerged as the primary standout, with its RSI jumping to **65.34** from a previous **49.29**. The stock price reacted sharply to stellar Q3 FY26 financial results, surging **11.49%** in a single session to close at **₹201.67**.
The company's consolidated net profit for the December quarter skyrocketed by **219.3%**, reaching **₹347.17 crore** compared to **₹109 crore** in the previous year. Operational revenue also climbed **58.3%** to hit **₹1,210 crore**, supported by a massive expansion in EBITDA margins, which rose to **29.1%**.
**Strategic Wins and Order Book Strength**
The bullish sentiment is further backed by a record-high order book of **₹15,670 crore** as of January 2026. A key driver of this growth is the **$350 million** contract for the Dangote refinery expansion in Nigeria, EIL's largest overseas win to date.
International operations now represent roughly **65%** of fresh order inflows. Domestically, the consultancy segment remains a core contributor, adding **₹296 crore** in new business during the last quarter.
**Other Notable RSI Breakouts**
The technical upswing was not limited to the engineering sector. Three other Nifty 500 constituents joined the momentum shift:
* **Aditya Birla Fashion & Retail**: RSI climbed to **56.84** from **49.89**, with the stock priced at **₹73.80**.
* **TBO Tek**: RSI moved to **52.18** from **46.30**, ending at **₹1,520.50**.
* **K.P.R. Mill**: RSI reached **51.64** from **46.54**, closing the session at **₹930.50**.
**Market Context and Trend Outlook**
These breakouts occurred despite broader market volatility. On February 16, the Nifty 50 traded at **25,471.10**, down **336 points**, while the Sensex faced a **1,048-point** drop to **82,626.76**.
While the wider market shows signs of cooling momentum with the Nifty RSI slipping below 50, these specific stocks are diverging from the trend. Analysts maintain a positive outlook on Engineers India, with some firms setting price targets as high as **₹295**, citing its zero-debt status and surging project margins.