Menon Bearings Ltd secures order from Allison Transmission

Menon Bearings Ltd has secured an order to supply approximately 75 lakh pieces per year to the U.S.-based company, Allison Transmission.

The order involves manufacturing and supply of Thrust Washers and Bushings. The order value aggregates to around USD 3.73 million per year (approx.)

Shares of Menon Bearings Limited was last trading in BSE at Rs. 121.85 as compared to the previous close of Rs. 120.10. The total number of shares traded during the day was 14885 in over 264 trades.

The stock hit an intraday high of Rs. 126.00 and intraday low of 119.65. The net turnover during the day was Rs. 1819561.00.

Source : Equity Bulls

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