McNally Bharat wins Rs 438 cr order

McNally Bharat Engineering Company has won a order worth Rs 438 crore from NTPC.

According to a release issued by NTPC to the BSE today, the firm has received an order for supply, installation, testing & commissioning of coal handling, lime handling and gypsum handling plant for Bongaigaon Thermal Power Project (3X 250MW), NTPC for a value of Rs 438 crore.

The contractual period of completion is within 30 months.

The stock, however, is down nearly 3% at Rs 260 on the BSE.