Big orders puts wind in McNally Bharat Engineering’s sails
DSIJ Intelligence / 28 Aug 2017
Engaged in the construction and maintenance of power plants and industrial facilities, McNally Bharat Engineering Company announced that it has received several orders worth Rs 248 crore from Hindustan Zinc.
Engaged in the construction and maintenance of power plants and industrial facilities, McNally Bharat Engineering Company announced that it has received several orders worth Rs 248 crore from Hindustan Zinc.
In a BSE filing, the company stated that it has received an order for erection and commissioning and civil and structural works for plant and machinery for 2-MTPA Lead-Zinc Ore Beneficiation Plant at the Zawar mine of Hindustan Zinc for a contract price of Rs 98.40 crore.
Its other orders include civil and structural works for non-plant and machinery 2-MTPA Lead-Zinc Ore Beneficiation Plant at the Zawar mine of Hindustan Zinc for a contract price of Rs 39.95 crore and a supply contract for 2-MTPA Lead-Zinc Ore Beneficiation Plant at the Zawar mine of Hindustan Zinc for a contract price of Rs 109.65 crore.
The stock of McNally Bharat Engineering Company was trading at Rs 68.40 per share, up by Rs 0.40 or 0.59% as at 1135 hours on Monday, on the BSE.
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