M&B Engineering zooms on securing export order worth $24.14 million
M&B Engineering is currently trading at Rs. 443.30, up by 13.15 points or 3.06% from its previous closing of Rs. 430.15 on the BSE.
The scrip opened at Rs. 431.95 and has touched a high and low of Rs. 447.00 and Rs. 430.15 respectively. So far 34615 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 494.00 on 22-Aug-2025 and a 52 week low of Rs. 364.00 on 09-Oct-2025.
Last one week high and low of the scrip stood at Rs. 447.00 and Rs. 366.75 respectively. The current market cap of the company is Rs. 2523.38 crore.
The promoters holding in the company stood at 70.45%, while Institutions and Non-Institutions held 21.19% and 8.36% respectively.
M&B Engineering has secured a sizable export order for manufacturing and supply of Pre-Engineered Building/ Structural Steel to its customer in the USA. Broad consideration or size of the order is $24.14 million (around Rs 212 crore plus sales tax) and it is to be executed within 39 weeks. The company has bagged this order through its wholly owned subsidiary M/s Phenix Construction Technologies INC., USA.
M&B Engineering is engaged in the business of Pre-Engineered Buildings (PEB), structural steel, self-supported steel roofing and components thereof.
