MBELNSEM & B Engineering LimitedMediumPositive
Announced Wed, 25 Mar · 12:01 IST

M & B Engineering Limited has informed the Exchange about Bagging/Receiving of orders/contracts

Business Updates View source PDF

MBEL · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-1.9%1-day move
₹249.70
prior close
₹264.00
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.1+1.0+1.5+1.9-1.9-8.7+2.0+5.2+16.7+24.0+34.0+33.5+24.0+20.9
Up moveDown movePending
AI summary

M & B Engineering Limited, along with its wholly owned subsidiary Phenix Building Solutions Private Limited, has secured a sizable domestic order for design, engineering, manufacturing and supply of Pre-Engineered Building and Structural Steel. The total order value is INR 73.18 Crores plus GST, which includes an erection order of INR 10.03 Crores plus GST for the subsidiary. The execution timeline is 5 months. The customer name has been withheld on grounds of confidentiality, and there is no related party or promoter interest in the awarding entity.

Likely market impact

This is a meaningful new order win that adds to the company's order book, providing revenue visibility over the next 5 months. The undisclosed customer and domestic nature limit strategic insights, but the size suggests a material contribution to near-term revenue.