Wednesday 15 January 2014

McNally Bharat soars on bagging order worth Rs 97.19 crore

Mcnally Bharat Engineering Company is currently trading at Rs. 58.20, up by 2.00 points or 3.56% from its previous closing of Rs. 56.20 on the BSE.

The scrip opened at Rs. 55.90 and has touched a high and low of Rs. 58.80 and Rs. 55.90 respectively. So far 18319 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 103.90 on 17-Jan-2013 and a 52 week low of Rs. 37.00 on 07-Aug-2013.

Last one week high and low of the scrip stood at Rs. 60.50 and Rs. 55.60 respectively. The current market cap of the company is Rs. 176.61 crore.

The promoters holding in the company stood at 32.28% while Institutions and Non-Institutions held 14.00% and 53.72% respectively.

McNally Bharat Engineering Company has received an order for Civil, Structural & Supply works of an Ash Handling Package for a Value of Rs 97.19 crore.

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.

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