McNally Bharat advances on receiving two orders from Power Grid

06 Jun 2018 Evaluate

Mcnally Bharat Engineering Company is currently trading at Rs. 43.25, up by 1.75 points or 4.22% from its previous closing of Rs. 41.50 on the BSE.

The scrip opened at Rs. 41.05 and has touched a high and low of Rs. 43.55 and Rs. 41.05 respectively. So far 947 shares were traded on the counter.

The BSE group 'T' stock of face value Rs. 10 has touched a 52 week high of Rs. 79.50 on 31-Jul-2017 and a 52 week low of Rs. 38.05 on 12-Jun-2017.

Last one week high and low of the scrip stood at Rs. 48.65 and Rs. 41.05 respectively. The current market cap of the company is Rs. 683.54 crore.

The promoters holding in the company stood at 44.80%, while Institutions and Non-Institutions held 1.61% and 53.59% respectively.

McNally Bharat Engineering Company has received two orders from Power Grid Corporation of India. The company has received first order for the supply of goods contract for Substation Package- SS01 worth around Rs 35 crore for extension of 765kv Ranchi S/S and 400KV Subhashgram S/S under Power Grid work associated with Eastern Region Strengthening Scheme - XVII.

The second order is for the supply of service contract for the same project worth around Rs 15 crore.

McNally Bharat Engineering Company is a leading Engineering Company in India having constructed over 350 projects on EPC basis till date. It is active in providing turnkey solutions in Power, Steel, Material handling, Ports, Coal, Cement, Mineral Processing, Water and Infrastructure projects.


Mcnally Bharat Engg Share Price

3.84 0.18 (4.92%)
23-Jan-2025 16:59 View Price Chart
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