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Awaiting price reaction for this filing.
Mach Conferences and Events Limited (BSE: MCEL) has won multiple contracts from a leading cement industry player and a prominent glass industry brand. The projects will be executed in Prague and Vienna, covering around 900 participants. Total contract value is approximately ₹14 Crores, to be executed in FY 2025-26. The company is a provider of MICE (Meetings, Incentives, Conferences, Exhibitions) and event solutions with over 20 years of experience and 300+ events conducted in the last 3 years. Chairman & MD Amit Bhatia said the contracts reinforce MCEL's position as a leading player in the MICE sector.
Positive for the stock — the ₹14 Cr order win provides near-term revenue visibility for FY26, strengthens the order book from new industry verticals, and signals growing client confidence in the company's event management capabilities. However, investors should note the contract size relative to overall scale and typical lumpiness of MICE business.