Meson Valves India gains on bagging purchase order worth Rs 31.61 crore
Meson Valves India is currently trading at Rs. 542.00, up by 6.55 points or 1.22% from its previous closing of Rs. 535.45 on the BSE.
The scrip opened at Rs. 540.00 and has touched a high and low of Rs. 550.90 and Rs. 523.00 respectively. So far 6800 shares were traded on the counter.
The BSE group 'MT' stock of face value Rs. 10 has touched a 52 week high of Rs. 1400.00 on 09-Jul-2024 and a 52 week low of Rs. 448.00 on 29-Jan-2025.
Last one week high and low of the scrip stood at Rs. 592.55 and Rs. 466.70 respectively. The current market cap of the company is Rs. 552.71 crore.
The promoters holding in the company stood at 32.83%, while Institutions and Non-Institutions held 4.24% and 62.93% respectively.
Meson Valves India has received purchase order for supply of high-performance critical valves. The company has received order from reputed client of Oil & Gas, Chemical/Petrochemical, Water and Wastewater, Power, Food and Beverages, Refineries and General Industrial Applications, Pulp & Paper, Steel, Agriculture. Total order value is Rs 31.61 crore (around $3.60 million).
Meson Valves India is engaged in the business of supplying of valves, actuators, Strainers and remote-control valves systems to the industries both in domestic and international markets.
