McNally Bharat Engineering Company Ltd (MBECL) is in talks with the management of an English industrial pump manufacturer for outright acquisition. The target company having manufacturing unit near London has boiler feeding specialised pumps and deep-sea submersible pumps in its product portfolio.

 

MBECL, which has entered the water desalination business through a tie-up with Hiflux of Singapore, is looking to expand in water related technologies. Negotiations for the profit making target are at an advanced stage.

crackcrack
Related Mcnally Bharat Engineering Company Ltd. Links:

Mcnally Bharat Engg Share Price

7.49 0.02 (0.27%) Apr 13, 18:01
1 Year Price Chart
Peers
Company Name CMP
Larsen & Toubro 1373.50
Rail Vikas Nigam 27.50
KEC International 405.85
NCC 75.80
PNC Infratech 237.80
View more..
Sensex vs Mcnally Bharat Engg
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

Callback