M & B Engineering Ltd's subsidiary secures export order from USA

M & B Engineering Ltd has secured, through its Wholly Owned Subsidiary M/s. Phenix Construction Technologies INC., USA, a sizable export order for manufacturing and supply of Pre-Engineered Building / Structural Steel to its customer in the USA.

The order value is USD 24.14 Million (Approximately INR 212 Crores + Sales Tax)

Shares of M & B Engineering Limited was last trading in BSE at Rs. 442.05 as compared to the previous close of Rs. 430.15. The total number of shares traded during the day was 49354 in over 1957 trades.

The stock hit an intraday high of Rs. 447.00 and intraday low of 430.15. The net turnover during the day was Rs. 21693702.00.

Source : Equity Bulls

Keywords

INE08N601015 MandBEngineering CivilConstruction MBEL ExportOrder USA