McNally Bharat may build on fresh order

The stock of McNally Bharat Engineering Company may see buying activity, following it bagging an order for ₹514 crore. It bagged the engineering, procurement and construction (EPC) order for a coal-handling plant of 8 tpa capacity, along with allied infrastructural facilities and operation and maintenance for two years. It will also supervise and handhold the Manoharpur Coal Mine of Odisha Coal and Power for one year. Investors will monitor execution of the order by McNally Bharat.