McNally Bharat up 4% on order for sub-stations construction

Moneycontrol Bureau

Shares of McNally Bharat Engineering Company gained 4 percent intraday Monday on bagging order for construction of various sub-stations for a power project.

"The company has received an order for design, engineering, supply and construction of various sub-stations for a power project for a value of Rs. 117.95 crore (approximately)," said the company in its filing.

McNally Bharat is engaged in providing turnkey solutions in the areas of power, steel, aluminium, material handling, mineral beneficiation, pneumatic handling of powdered materials including fly ash handling and high concentrate disposal, coal washing, port cranes, cement, oil & gas, civic and industrial water supply etc