Mcnally Bharat Engineering Company is currently trading at Rs. 99.65, up by 0.60 points or 0.61% from its previous closing of Rs. 99.05 on the BSE.
The scrip opened at Rs. 101.10 and has touched a high and low of Rs. 101.40 and Rs. 99.00 respectively. So far 13232 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 128.00 on 09-Feb-2012 and a 52 week low of Rs. 79.75 on 19-Dec-2011.
Last one week high and low of the scrip stood at Rs. 103.00 and Rs. 93.80 respectively. The current market cap of the company is Rs. 308.61 crore.
The promoters holding in the company stood at 32.28% while Institutions and Non-Institutions held 22.86% and 44.85% respectively.
McNally Bharat Engineering Company is targeting to achieve 10 per cent growth in its top-line in the current fiscal and a quantum jump in the 2013-14 period as the new order book during the year is extremely good.
The company’s new order booking, in the current fiscal, is expected to increase at Rs 4,000 crore against Rs 1,300 crore new order booked in the last fiscal.
Recently, the company had received an order from ACC for onshore supply, civil construction and installation & erection of New Jamul Cement Plant for a value of Rs 733.34 crore excluding taxes. The contractual delivery period is within 30.5 months.
McNally Bharat Engineering Company is one of the leading engineering companies. It provides turnkey solutions in areas of power, steel, alumina, material handling, mineral beneficiation, coal washing, ash handling and disposal, port cranes, civic and industrial water supply etc.