McNally Bharat Engineering Company is currently trading at Rs. 57.70, up by 4.35 points or 8.34% from its previous closing of Rs. 53.35 on the BSE.
The scrip opened at Rs. 55.50 and has touched a high and low of Rs. 59.85 and Rs. 53.50 respectively. So far 69,000 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 90.10 on 23-Mar-2016 and a 52 week low of Rs. 45.60 on 22-Nov-2016.
Last one week high and low of the scrip stood at Rs. 59.85 and Rs. 53.05 respectively. The current market cap of the company is Rs. 293.19 crore.
The promoters holding in the company stood at 72.11%, while Institutions and Non-Institutions held 0.62% and 27.27% respectively.
McNally Bharat Engineering Company has received an order for Design, Engineering, manufacturing, supply, commissioning and operation & maintenance of 500MW grid connected Solar PV power project including civil works in Andhra Pradesh on EPC Basis for Andhra Pradesh Power Generation Corporation for a value of around Rs 415.29 crore.
McNally Bharat Engineering Company is a leading Engineering Company in India having constructed over 350 projects on EPC basis till date. MBE is active in providing turnkey solutions in Power, Steel, Material handling, Ports, Coal, Cement, Mineral Processing, Water and Infrastructure projects.