M & B Engineering Ltd secures export order through subsidiary

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

The order value is USD 7.53 Million (Approximately INR 67.12 Crores)

Shares of M & B Engineering Limited was last trading in BSE at Rs. 394.15 as compared to the previous close of Rs. 381.40. The total number of shares traded during the day was 13595 in over 481 trades.

The stock hit an intraday high of Rs. 399.00 and intraday low of 387.80. The net turnover during the day was Rs. 5363722.00.

Source : Equity Bulls

Keywords

INE08N601015 MandBEngineering CivilConstruction MBEL OrderWin Export