McNally Bharat spurts on bagging orders worth Rs 143.63 crore

07 Dec 2011 Evaluate

McNally Bharat is currently trading at Rs. 102.10, up by 3.10 points or 3.69% from its previous closing of Rs. 99.00 on the BSE.

The scrip opened at Rs. 99.00 and has touched a high and low of Rs. 106.70 and Rs. 98.60 respectively. So far 83341 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 248.80 on 28-Feb-2011 and a 52 week low of Rs. 94.00 on 24-Nov-2011.

Last one week high and low of the scrip stood at Rs. 106.70 and Rs. 97.65 respectively. The current market cap of the company is Rs. 307.83 crore.

The promoters holding in the company stood at 32.28% while Institutions and Non-Institutions held 29.54% and 38.18% respectively. 

McNally Bharat Engineering Company has bagged total orders worth Rs 143.63 crore from Durgapur Projects and from Madhucon Projects worth Rs 22.70 crore and Rs 120.93 crore respectively.

The company has received first order from Durgapur Projects for design, engineering, manufacture, supply, erection, testing and commissioning of coal handling package for construction of 250 MW extension unit at Durgapur Projects Power Station.

The company has received second order from Madhucon Projects for carrying out the works design Chainage from Km 237+000 to Km 257+000 (20 Kms) in the two to four laning of Ranchi - Jamshedpur Section of NH - 33 project of Madhucon Projects in the state of Jharkhand.

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.

Mcnally Bharat Engg Share Price

4.75 -0.06 (-1.25%)
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