Meera Industries Limited receives order of $180,000

Meera Industries Limited (MIL), has received an export Order of USD $180,000.00/- (USD One Hundred Eighty Thousand Only) from Monofiber Teknik Tekstil San Tic Ltd Sti, Turkey.

The above order is for company's recently launched MODEL DTX-260 (Direct Twisting + Precision Winding).

The company has developed this model during the lockdown. There is a large global market for this type of model. This machine will be used for all kinds of industrial threads twisting and winding like woven sacks Threads, FIBC Threads, Cotton Twine, PP Tapes etc.

So far this market is dominated by a very few producers world over. The company is happy to make an entry into this segment and very satisfied with the early response. The company is hopeful that gradually it will establish name in this segment too.

Shares of Meera Industries Ltd was last trading in BSE at Rs.68.75 as compared to the previous close of Rs. 69. The total number of shares traded during the day was 9600 in over 8 trades.

The stock hit an intraday high of Rs. 69.95 and intraday low of 67. The net turnover during the day was Rs. 652620.

Source : Equity Bulls

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