Mehai Technology gains on bagging order from Public Health Engineering Directorate in West Bengal
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Mehai Technology is currently trading at Rs. 30.00, up by 0.43 points or 1.45% from its previous closing of Rs. 29.57 on the BSE.
The scrip opened at Rs. 30.97 and has touched a high and low of Rs. 30.97 and Rs. 29.01 respectively. So far 36577 shares were traded on the counter.
The BSE group 'T' stock of face value Rs. 10 has touched a 52 week high of Rs. 34.64 on 29-Dec-2023 and a 52 week low of Rs. 12.30 on 23-Feb-2023.
Last one week high and low of the scrip stood at Rs. 32.00 and Rs. 28.12 respectively. The current market cap of the company is Rs. 51.42 crore.
The promoters holding in the company stood at 52.16%, while Non-Institutions held 47.84% stake in the company.
Mehai Technology has recently received a very prestigious order from Public Health Engineering Directorate, Government of West Bengal, Alipore Division for Sinking of 02 Nos. 250mm x 150mm dia. 360 mtr. deep Tubewell by Direct Rotary Rig Method using U.P.V.C. pipe and pre-packed Resin Bonded Gravel Filter at 3rd and 4th Tubewell Site of Dakshin Durgapur W/S Scheme, Block - Namkhana for implementation of JIM under Kakdwip Sub-Division of Alipore Division, PHE Dte. The contract value is around 4.00 million. The date of commencement is January 05, 2024 and the period of completion is 45 days.
Mehai Technology is engaged in Trading / Assembly of USB Pen drives, it is in process of being able to manufacture USB pen drives.
