Mcnally Bharat gains 3% on new orders worth Rs 72 cr

McNally Bharat Engineering Company gained nearly 3 percent intraday amid large volumes on Wednesday as the company has received two orders worth Rs 72 crore.

The order of Rs 59.04 crore is for supply, civil works and erection & commissioning services for a paste fill plant at Rahjasthan. The second order of Rs 13 crore is for civil, water supply, sanitary & plumbing work for office building at Kolkata.
 
At 13:41 hours IST, the stock rose 1.21 percent to Rs 100.50 on the Bombay Stock Exchange.

Trading volumes increased quite sharply to 1,68,648 equity shares as compared to its five day average of 11,496 shares.

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