McNally Bharat surges on new orders

McNally Bharat Engineering Company surged on Wednesday after it received two orders worth Rs 852 million.

This orders are for construction of educational infrastructure facility under Backward Region Grant Fund in the district of Bankura and Muttar Dinajpur, Dakshin Dinajpur & Malda.

Shares of the company are trading at Rs 109.50, up Rs 3.85, or 3.64% at the Bombay Stock Exchange (BSE) on Wednesday at 11:17 a.m.The scrip has touched an intra-day high of Rs 110.90 and low of Rs 105.30. The total volume of shares traded at the BSE is 16,948.In the earlier session, the shares declined 2.67%, or Rs 2.9, at Rs 105.65. Currently, the stock is trading down 14.45% from its 52-week high of Rs 128 and above 37.3% over the 52-week low of Rs 79.75.

Share Price Movement Period Pricein Rs Gain/(Loss) in Rs in % 1 Week 111.80 (6.15) (5.50) 1 Month 114.00 (8.35) (7.32) 3 Months 90.25 15.40 17.06 6 Months 88.60 17.05 19.24 1 Year 121.25 (15.60) (12.87) Note: Based on previous day closing price.