McNally Bharat gains 4% on Rs 300cr order

The stock opened at Rs 120 and soon touched the 5% upper circuit at Rs 126.

The stock finally ended at Rs 124.60, up 4%.  Only 672  shares were traded at the counter today.
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Updated at 1217 Hrs:

McNally Bharat Engineering Company Ltd has informed BSE that the company has bagged a 300 crore order from Hindustan Zinc  for a 2.0 tonne per annum Lead-Zinc Beneficiation Plant at Sindesar Khurd Mines, Rajasthan .The project will be completed in 18 months.

The stock today opened at Rs 120 and slipped to a low of  Rs117.

The stock is currently locked at its 5% upper circuit limit of Rs 126, with  buy orders of 64,247 pending at the counter.

 

The counter has witnessed 86,114 shares traded on the BSE so far.