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McNally Bharat up 4 pc on Rs 415 cr order win

New Delhi, Mar 15 (PTI) Shares of McNally BharatEngineering rose over 4 per cent today after the company saidit has bagged a Rs 415-crore solar power project order inAndhra Pradesh.The scrip settled a

Edited By: PTI Feeds
Published: March 15, 2017, 9:34 PM IST

New Delhi, Mar 15 (PTI) Shares of McNally Bharat

Engineering rose over 4 per cent today after the company said

it has bagged a Rs 415-crore solar power project order in

Andhra Pradesh.

The scrip settled at Rs 55.85 on BSE, up 4.69 per cent

from its previous close.

On NSE, the stock ended 4.39 per cent higher at Rs 55.90.

The market capitalisation of the firm stood at Rs 282.57

crore on the BSE.

“The company has received an order for design,

engineering, manufacturing, supply, commissioning and

operation and maintenance of 500 MW grid connected solar PV

power project, including civil works in Andhra Pradesh, on EPC

basis for Andhra Pradesh Power Generation Corporation Ltd for

a value of Rs 415.29 crore,” McNally Bharat Engineering said

in a BSE filing.

This is published unedited from the PTI feed.

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