M&B Engineering secures Rs 98 crore domestic steel building order
MBEL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 2.4 pts more than Nifty Microcap 250 and 2.6 pts more than its Civil Construction peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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M&B Engineering has secured a domestic order worth Rs 98 crore plus taxes for the design, engineering, manufacturing, supply and erection of a pre-engineered steel building. The project is to be completed within six months and includes a 15% advance. The customer name is withheld for confidentiality. The order is not a related-party transaction.
The order adds to expected sales and may support the stock, but the customer is undisclosed and execution risks remain.