McNally Bharat shines on bagging three orders worth Rs 35.44 crore

28 Mar 2012 Evaluate

McNally Bharat Engineering Company is currently trading at Rs. 89.05, up by 0.65 points or 0.74% from its previous closing of Rs. 88.40 on the BSE.

The scrip opened at Rs. 88.00 and has touched a high and low of Rs. 91.00 and Rs. 88.00 respectively. So far 9837 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 237.10 on 21-Apr-2011 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. 99.45 and Rs. 87.10 respectively. The current market cap of the company is Rs. 277.20 crore.

The promoters holding in the company stood at 32.28% while Institutions and Non-Institutions held 29.22% and 38.50% respectively.

McNally Bharat Engineering Company has received three orders aggregating worth Rs 35.44 crore. The company has won order worth Rs 24.58 crore from Ideal Energe Projects for Turnkey O & M service contract for CHP, AHP, FOPH, ESP and CMRH for 1X270 MW unit at IEPL Project near Bela, district Nagpur. The contractual completion period is 36 months.

The company has bagged another contract worth Rs 5.70 crore from Adani Power Maharashtra for an annual contract for complete operation and maintenance of coal handling plant for unit 1 & 2 and 2 Nos. of Bull Dozers for 5X660 MW thermal Power Project at Village Tiroda, district Gondia (Maharastra). The contractual completion period is 12 months.

The company has secured third and final order from HPCL - Mittal Energy for commissioning assistance and operation & maintenance for Coke Handling System for Guru Gobind Singh Refinery at Bhatinda for price Rs 5.16 crore. The contractual completion period is 12 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.  

Mcnally Bharat Engg Share Price

4.03 -0.03 (-0.74%)
15-Jan-2025 16:59 View Price Chart
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