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.

Related Mcnally Bharat Engineering Company Ltd. Links:

Mcnally Bharat Engg Share Price

3.30 -0.10 (-2.94%) Feb 26, 18:01
1 Year Price Chart
Company Name CMP
Larsen & Toubro 1211.45
NCC 39.95
KEC International 330.95
Rail Vikas Nigam 22.40
Sterling and Wilson 186.95
View more..
Sensex vs Mcnally Bharat Engg
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323
Research Analyst - INH000000719