2026-05-04 04:04:21
Latest Post
Energy in Motion Ltd commissions operations at Nhava Sheva Freeport Container Terminal
Prudent Corporate Advisory Services Ltd launches Edge+
IKIO Technologies Ltd Q4 FY2026 consolidated PAT rises to Rs. 16.48 crores
Mitsu Chem Plast Ltd recommends final dividend of Rs. 0.20
L G Balakrishnan & Bros Ltd recommends dividend of Rs. 22
Stock Report
M&B Engineering Secures Major Order Worth ₹71.95 Crore for Pre-Engineered Buildings
Posted On : 2026-05-03 10:34:07( TIMEZONE : IST )
M&B Engineering Limited (NSE: MBEL, BSE: 544470), a leading player in the structural steel industry, has announced the acquisition of a significant domestic contract for the design, manufacturing, and supply of Pre-Engineered Buildings (PEB) and structural steel.
The order represents a major boost to the company's order book and underscores its growing footprint in the Indian infrastructure and industrial construction sectors.
Contract Breakdown and Financials
The total consideration for the project is valued at ₹71.95 Crores plus GST. The contract is a collaborative effort between the parent company and its wholly-owned subsidiary, demonstrating the group's integrated service capabilities.
Manufacturing & Supply: The core portion of the order involves the design and engineering of structural steel components.
Erection Services: A specific portion of the order, amounting to ₹14.32 Crores plus GST, has been issued to the company's wholly-owned subsidiary, M/s. Phenix Building Solutions Private Limited, for the erection of the structures.
Key Project Details
Nature of Work: Comprehensive Design, Engineering, Manufacturing, and Supply of Pre-Engineered Buildings and Structural Steel.
Execution Timeline: The project is slated for completion within a period of 7.5 months.
Customer Profile: The order was awarded by a domestic entity. However, the specific name of the customer remains undisclosed due to strict confidentiality agreements.
Terms: The contract includes standard advance payment terms and other industry-standard conditions.
Shares of M & B Engineering Limited was last trading in BSE at Rs. 334.85 as compared to the previous close of Rs. 334.25. The total number of shares traded during the day was 4277 in over 277 trades.
The stock hit an intraday high of Rs. 341.50 and intraday low of 333.30. The net turnover during the day was Rs. 1440729.00.
