The stock ended at Rs 236, up 1% from its previous close. The counter clocked volumes of 2,880 shares on the BSE.
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(Updated at 1151hrs)
Mcnally Bharat has firmed up after bagging orders worth Rs 56.64 crore from Hindalco. The stock is trading at Rs 237, higher by Rs 3.4 or 1.4%, on the BSE. The shares had opened at Rs 240, which also happened to be the day's high, and have touched a low of Rs 235 thus far.
The engineering major has received two orders, of the value of Rs 28.32 crores each, for designing and commissioning of Hindalco's two smelter plants.
McNally Bharat is one of the leading engineering companies in India engaged in providing turnkey solutions in the areas of power, steel, aluminium and material handling.
