McNally Bharat up on Essar order

DALAL STREET SPIKES

McNally Bharat Engineering shares galloped 13.3 per cent to end the day at Rs 38.80 after bagging a Rs 86.7 crore order from Essar Constructions (India). The order involves supply of slewable boom stacer and stacker-cum-reclaimer used in ore separation and thermal power plants.

The stock made an intraday high of Rs 39.80 and a low of Rs 34.85. Total quantity traded was 1,31,532 shares; nearly double its two-week average.