Meera Industries zooms on bagging order worth Rs 5.7 crore
Meera Industries is currently trading at Rs. 50.91, up by 4.27 points or 9.16% from its previous closing of Rs. 46.64 on the BSE.
The scrip opened at Rs. 46.61 and has touched a high and low of Rs. 52.00 and Rs. 46.00 respectively. So far 10262 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 88.35 on 10-Jun-2022 and a 52 week low of Rs. 32.95 on 03-Feb-2023.
Last one week high and low of the scrip stood at Rs. 52.00 and Rs. 43.30 respectively. The current market cap of the company is Rs. 52.87 crore.
The promoters holding in the company stood at 64.19%, while Non-Institutions held 35.81% stake in the company.
Meera Industries has received order worth Rs 5.7 crore. The order is for the company’s highly acclaimed Heavy Duty Ring Twister Machine and comes from a renowned company operating in the Technical Textiles industry.
With a proven track record of expertise in twisting machine manufacture, the company has established itself as a trusted leader in the field. This substantial order serves as a silent confirmation of the industry's recognition and acceptance of the company’s technological prowess and superior solutions.
The company is engaged in the manufacturing of Yarn Twisting, Winding and Heat-Setting Machine for textile industries. All the machines are stringently tested at its in-house quality management unit to ensure the flawless performance of the machines.
