McNally Bharat picks two orders worth Rs 53 crore

McNally Bharat Engineering Company Ltd has informed that it has secured two orders worth Rs 53.25 crore from two different firms.  

The first order which is valued at Rs 37.78 crore has bagged by the company from Siemens VAI, Kolkata for Structural Fabrication at SAIL Plant at Burnpur.

The company has received second order worth Rs 15.47 crore from Brahmani River Pallets Ltd, Bhubaneswar for 1 Rod Mill and 2 Ball Mills.

Kolkata- headquartered McNally Bharat Engineering Company Limited (MBE) undertakes turnkey projects in infrastructure and related manufacturing activities in India. It operates through two divisions, Projects and Products.

In such volatile session, the company’s share successfully ended the day with gain of 4% at Rs 130 on BSE. The scrip touched intraday high and low of Rs 133 and Rs 125 respectively.

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