McNally Bharat picks order worth Rs 82 crore
McNally Bharat Engineering Company Ltd, a Kolkata-headquartered joint venture between BM Khaitan group and GP-CK Birla group, has informed that it has bagged an order worth Rs 81.93 crore from NTPC, India's largest power company.
The company has secured the first order worth Rs 15.44 crore from NTPC for Ex-works supply of Pre-Treatment Plant Package at Mauda Super Thermal Power Project
(2x500 MW), Noida. The contractual period of completion of the order is 28 months.
Further, the company received the second order worth Rs 31.44 crore from NTPC for supply and Installation of Water-Pre-Treatment Plant Package at Barh Super Thermal Power Project, Stage-II (2x660 MW), Noida.
The contractual period of completion of the order is 42 months.
The scrip of the company today closed at Rs 132, up 5% compared to its previous close of Rs 125. The counter has made 52-week-high and low of Rs 153 and Rs 29 respectively.