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Meera Industries secures new orders worth $323,000

30 Aug 2019 Evaluate

Meera Industries has secured new orders worth $323,000 from two companies. The company has received order from Siam Brothers Corp (Thailand) worth $206,000 and from ZM Makina Tekstil (Turkey) of $117,000. These orders will provide a fillip to the company's focus on globalization as a driver for growth. The orders are scheduled to be dispatched by end of 2nd quarter of FY 2019-20.

Meera Industries 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’.

Peers
Company Name CMP
LMW 16858.15
Lohia Corp 555.80
Stovec Industries 1631.40
Veejay Lakshmi Engg 40.70
Indian Card Clothing 182.00
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