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Meera Industries strengthens on securing export order from new countries

04 Dec 2018 Evaluate

Meera Industries is currently trading at Rs. 215.00, up by 5.00 points or 2.38% from its previous closing of Rs. 210.00 on the BSE.

The scrip opened at Rs. 210.00 and has touched a high and low of Rs. 215.00 and Rs. 210.00 respectively. So far 2000 shares were traded on the counter.

The BSE group 'M' stock of face value Rs. 10 has touched a 52 week high of Rs. 393.00 on 15-Feb-2018 and a 52 week low of Rs. 166.00 on 10-Oct-2018.

Last one week high and low of the scrip stood at Rs. 218.00 and Rs. 201.00 respectively. The current market cap of the company is Rs. 82.48 crore.

The promoters holding in the company stood at 71.28%, while the Non-Institutions held 28.72% stake in the company.

Meera Industries (MIL) has secured new orders of $1,30,000 from Uganda, Ecuador and Kazakhstan. These countries are new addition in the company’s ‘Exporting to Countries List’. Addition of new flags are a testimony to the company’s proven technological prowess in the domain of twisting. The orders will also provide fillip to the company's focus on globalization as a driver for growth.

MIL is engaged in the manufacturing of Yarn Twisting, Winding and Heat-Setting Machine for textile industries. The company’s products are sold under the brand name ‘MEERA’.

Meera Industries Share Price

59.68 2.73 (4.79%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
LMW 14357.85
Stovec Inds 2005.30
Harish Textile Engin 69.90
Veejay Lakshmi Engg 37.83
Meera Industries 59.68
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