The 5-year analysis of Mcnally Bharat Engineering Company Ltd's performance infers:
We analysed the performance of Mcnally Bharat Engineering Company Ltd share prices over the last 10 years. Here is what we found out:
McNally Bharat Engineering Company (MBECL) incorporated in 1961; 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. Till date the company has constructed 250 plants. The company is also into manufacturing of belt conveyor, shuttle conveyor, roller conveyor, idlers, pulleys,
McNally Bharat Engineering Company (MBECL) incorporated in 1961; 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. Till date the company has constructed 250 plants. The company is also into manufacturing of belt conveyor, shuttle conveyor, roller conveyor, idlers, pulleys, trippers, gates, technological structures, Slurry Pumps, Flotation Machines, High Rate Thickeners, Magnetic, Vibratory and Metal Detection Equipment, Hydrocyclones, Filters, Centrifugal Concentrators and Bagging Machines
The company has received ISO 9001 certification by RWTUV for quality management.
1961- McNally Bird Engineering Co a joint venture between McNally Pittsburg, USA and Bird & Co.
1968 â€“ The company designed and built the longest cross country conveying system in India for 800 TPH Coal Handling Plant of Thermal Power station at Talcher, Orissa.
1970 â€“ The company designed plant in India for beneficiation of fluorspar was built for Gujarat Mineral Development Corporation at Kadipani located at Gujarat.
1970 â€“ The company constructed its first carbon paste plant for Indian Aluminium.
1972 â€“ The company was re-christened as McNally Bharat Engineering Company.
1979 â€“ MBECL constructed 700 TPH Coal Washery for Bharat Coking Coal located at Jharkhand.
1980 - Williamson Magor Group took over the MBECL.
1981 â€“ The company designed and constructed its first 5500 tph High Speed Rapid Loading System with Silo at Jayant Coal Handling Plant, U.P.
1989 â€“ G. P. Birla Group acquires 24% stake in the Company.
1998 â€“ The company forayed in Open cast mining sector. Neyveli Lignite Corporation placed order for 20,000 tph shiftable conveying system, conveyors and Bucket wheel excavator, Spreader etc
1999 â€“ The company formed a joint venture with Eriez Magnetics, USA worldâ€™s leading manufacturers of magnetic, vibratory and metal detection equipment for manufacture of their products in India.
2000 â€“ Neyveli Lignite Corporation placed an order for first dense phase pneumatic conveying system for ash handling in India
2001 â€“ Company received joint venture project for combined water supply to 674 habitations in Tiruchirapally District, Tamil Nadu.
2002 - It became first company in India to manufacture and commence a 700L capacity Bucket Wheel Excavator. The company designed, manufactured and commenced the worldâ€™s largest Apron Conveyors at Angul for Nalco. The company acquired 100% control over Eroterv-Waagner-Biro, Hungary, now known as EWB Kornyezetvedelmi Kft, world leader in Pneumatic conveying Technology.
2004 â€“ The company designed and constructed Indiaâ€™s largest capacity Level luffing cranes at Kandla Port.
2005 â€“ The company built and commissioned lead-zinc beneficiation plant for Hindustan Zincâ€“ Agucha mines; a Green Anode plant for Bharat Aluminium Company at Korba; Indiaâ€™s largest capacity Goliath Crane (300 MT) for Cochin Shipyard and designed, built and commissioned Container Handling Crane in India at Haldia Dock Complex.
2009 - MBE acquired the coal and mineral technology division of KHD Humboldt Wedag, Germany.
2011 - The R&D activities of MBE & MSEL obtained recognition by DSIR, GOI -MSEL Launched Mobile crushing & screening plants
2012 -Acquired through its subsidiary, MBE Mineral Technologies Pte Ltd, a 42 % stake in Specialist Energy Group (SEG) which owns Hayward Tyler Ltd, UK & Hayward Tyler Inc., USA- MSEL launched skid mounted Coal Crushing plant